Tehran-Vienna Trade Up 42.7%

Trade between Iran and Austria stood at more than €377 million in 2016, indicating a 42.7% increase compared with 2015, Tehran Chamber of Commerce, Industries, Mines and Agriculture reported, citing figures released by the Austrian Federal Economic Chamber.

Iran exported close to €101 million worth of goods to Austria last year, registering a 524% rise and imported nearly €276.3 million from the European country, indicating an 11% increase year-on-year.