Iranian exports to Europe jump by 63% in November

TEHRAN (Tasnim) – The value of Iran’s exports to the 28 members of the European Union (EU) in November 2014 has witnessed a 63 percent increase, compared to the same month in 2013, data released by the Eurostat showed.

The EU imports from the Islamic Republic in November 2014 reached 134 million euros, showing a 63 percent rise, compared to the same period last year, in which the figure stood at €82 million, according to the Eurostat.

Meanwhile, trade turnover between Iran and the EU member states during November 2014 also jumped by 18 percent hitting €693 million.

The figure in November 2013 had amounted to €585 million, the data indicated.

According to the report, the total value of EU exports to Iran in November 2014 amounted to €559 million, indicating an 11 percent increase compared with November 2013, in which the figure stood at €503 million.

Following the Iranian President Hassan Rouhani’s “constructive interaction” policy with the world since August 2013, a whole host of Western companies have been vying for Iran’s market, particularly after an interim nuclear deal between Tehran and six major world powers.

By Tasnim News Agency


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