14 Nov 2024
Saturday 25 February 2023 - 17:54
Story Code : 404362

Iran-EU trade hit 5.2 billion

Iran-EU trade hit 5.2 billion
Iran and the European Unions 27 member states traded 5.23 billion worth of goods in 2022, registering a 7.95% rise compared with the year before.

New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged 1.86 billion worth of goods, 8.56% more than in 2021.

Italy came next with 713.17 million worth of trade with Iran to register a 13.32% rise. The Netherlands with 445.57 million (down 7.61%) and Spain with 378.46 million (up 12.67%) were Iran's other major European trade partners, Financial Tribune reported.

Croatia registered the highest growth of 48.84% in trade with Iran during the period under review and was followed by Bulgaria with 44.13%.

 

 

By MEHR

 
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