Economy, Domestic Economy
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Iran-EU Trade Hit €3.7b (Jan, Feb 2018)

Iran-EU Trade Hit €3.7bIran-EU Trade Hit €3.7b

Iran traded €3.74 billion worth of commodities with the 28 members of the European Union during the first two months of 2018 to register a 17.4% year-on-year growth, Eurostat data shared with the Financial Tribune show.
Iran’s main trade partners during the two-month period were Italy (€844.92 million), France (€664.84 million) and Germany (€545.83 million).
Trade with Luxembourg (€2.1 million), Greece (€381.87 million) and Spain (€457.65 million) saw the highest increase of 151%, 130% and 87% respectively. 
Iran's exports to the EU stood at more than €2.168 billion, indicating a 32% YOY rise, with Italy (€583 million), France (€496.58 million) and Greece (€377.44 million) being the main destinations.

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