19 Apr 2024
Monday 19 August 2019 - 16:29
Story Code : 356979

Iran's H1 trade with EU tumbles 76%

Financial Tribune - Trade between Iran and EU member states during the first half of 2019 stood at 2.56 billion to register a 76.01% plunge compared with last years corresponding period.

Germany, Italy and the Netherlands were Irans top three trading partners in the European bloc with bilateral exchanges standing at 777.32 million, 451.63 million and 260.82 million respectively.

Irans trade with Latvia (1.63 million), Germany (777.32 million) and Romania (77.18 million) increased by 475%, 278% and 177% respectively year-on-year, which were the highest among EU states.

Trade with Malta (147,233), Slovakia (2.36 million), Greece (21.63 million), Portugal (6.14 million) and Finland (16.32 million) saw the sharpest declines of 99.96%, 99.04%, 97.79%, 96.85% and 96.45% respectively.
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