Iran's $1.6b Trade Deficit With Germany
Economy, Domestic Economy

Iran's $1.6b Trade Deficit With Germany

Iran posted a $1.62 billion trade deficit with Germany in the nine months to December 2016. About 818,000 tons of goods worth $1.8 billion were imported from Germany during the period, registering an increase of 90.4% in volume and 38.2% in value.  Intermediate goods made up for 55.1% of overall imports from Germany whereas consumer and capital goods accounted for 22.9% and 22% respectively. Exports from Iran to Germany stood at 25,400 tons worth $179 million during the same period. About 57.7% of the exports to the European country were intermediate goods, 41.4% consumer goods and 0.9% capital goods, Mehr News Agency reported.


Short URL : https://goo.gl/R9f7Zl
  1. https://goo.gl/44snIM
  • https://goo.gl/57Mmiy
  • https://goo.gl/nxLKOu
  • https://goo.gl/3BwPo4
  • https://goo.gl/WwIjYV

You can also read ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
84% Rise in Rice Imports
More than 1.05 million tons of semi and wholly milled rice...
Italian Firm to Build 910MW Power Station in Iran
Italian groups will help build a major thermal power station...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.