Iran’s exports to EU quintuple in 4 months

Iran exported €3.41 billion of goods to EU in the said period, while the figure stood at €717 million in the same period of time in 2016.

According to the Eurostat’s report, Iran-EU trade stood at €6.55 billion, growing 127 percent in the said time span from that of €2.88 billion in 2016.

From January to April 2017, exports of EU to Iran hit €3.14 billion, boosting 44 percent from the first four months of 2016, i.e. €2.17 billion. 

In the said time, Germany was the main exporter to Iran exporting €832 million, while Italy was the major customer of Iranian products, importing €1 billion of goods.

EU’s trade with Iran amounted to €13.7 billion in 2016, a 78 percent rise compared to 2015, based on the figures released by the Eurostat in February 2017. 

The figure was reportedly €7.68 billion in 2015.

(c) 2014 -
Open Iran Group is the trading name for OPEN IR LTD
Registered company in England, registration number: 10856030
Registered address: 483 Green Lanes, London, England, N13 4BS