Domestic Economy
0

Iran's Non-Oil Trade With EU Hits $10.4 Billion

Iran’s exports to EU members stood at $1.07 billion, indicating a 29.77% decrease, while imports were worth $9.36 billion, down 21.63% year-on-year
Iran's Non-Oil Trade With EU Hits $10.4 Billion
Iran's Non-Oil Trade With EU Hits $10.4 Billion

Iran traded 8.68 million tons of non-oil commodities worth $10.44 billion with members of the European Union during the last fiscal year (ended March 20, 2019) to register a 14.83% and 22.55% decline in tonnage and value respectively compared to the year before.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 1.17 million tons worth $1.07 billion during the period, indicating a 23.71% and 29.77% year-on-year decline in tonnage and value respectively.
Imports stood at 7.5 million tons worth $9.36 billion, down 13.24% and 21.63% in tonnage and value respectively YOY.
The EU is a political and economic union of 28 member states located primarily in Europe.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com