27 Apr 2024
Sunday 20 January 2019 - 15:38
Story Code : 335321

Iran-EU trade dips 66% (Nov 2018)

Financial Tribune - Iran exported more than 209.98 million worth of commodities to EU member states in November 2018, which shows a 78.12% decline YOY, as imports decreased by more than 54.86% YOY to reach 469.56 million

Trade between Iran and the 28 European Union member states declined by 66.02% year-on-year to stand at 679.55 million in November 2018.

Irans exports during the one-month period amounted to 209.98 million, registering a 78.12% downfall as imports fell by 54.86% to reach 469.56 million.

Notably, Iran exported 716.17 million (84%) less mineral fuels, mineral oils and products of their distillation, bituminous substances and mineral waxes to its EU destinations in November compared with the same month of 2017. The above-mentioned category encompasses Irans top export commodities to EU states.
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