54 Percent Trade Growth Between Iran and the EU

54 Percent Trade Growth Between Iran and the EU

The increase of 54% in trade between Iran and the European Union in October 2017 compared to the same period last year, indicates that trade between Iran and Europe in the 10th month of 2017 was € 1.85 billion.
The latest figures released by the European Commission website ( Eurostat ) shows that the EU exports to Iran in October 2017 rose 14% compared to the same period last year, from € 757 million to € 864 million.
According to the report, EU imports from Iran increased by 122 percent in October this year to 986 million euros. The EU imported 443 million euros of goods from Iran in the same period last year.
Italy was the largest importer of goods from Iran and Germany was the largest exporter of goods to Iran in October 2017.