Iran-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. (Financial Tribune)