Exports to Europe Rise 107%

The value of Iran’s exports to the European Union from January to September 2017 reached €7.2 billion, showing a 107% increase compared with the same period of last year. According to official figures released by the EU Commission, hot-rolled non-alloy iron, steel, non-alloy iron and steel in forms other than ingots top the list of Iran’s exports to the EU.  Other popular products include condensate, light oil and methanol. Spain, France, Greece and Italy are traditionally key consumers of Iranian goods in Europe, Tasnim News Agency reported. Major items on the list of EU exports to Iran include machinery, pharmaceuticals, medical devices, transportation equipment and plastics. Germany is Iran’s biggest trade partner in Europe.