Iran-EU monthly trade up 24%: Eurostat
The Statistical Office of the European Union, Eurostat, in its latest report, said the monthly trade between Iran and the European Union registered a 24 percent growth.
Iran and the member states of the European Union exchanged more than €450 million worth of products in November 2023, showing a 24-percent growth compared to November 2022, reported Tasnim News Agency.
The 27 EU member states exported about €3.5 billion worth of non-oil products to Iran in the first 11 months of 2023 (January to November).
Eurostat put the total value of the trade exchanges between Iran and 27 member states of the European Union from January to November 2023 at €4.21 billion, showing a 12 percent decline compared to the same period a year earlier.
Iran and 27 EU member states had exchanged €4.79 billion worth of products from January to November 2022.
According to the report, EU exports of non-oil products to Iran fell from €3.81 billion between January and November 2022 to €3.48 billion from January to November 2023.
The value of the EU imports from Iran between January and November 2023 reached €730 million, registering a 25 percent decline compared to the previous year’s corresponding period.
The EU member countries imported €980 million worth of products from Iran between January and November 2022.
Among the member states of the European Union, Germany had the maximum share of trade with Iran, accounting for 31% of Iran’s total trade volume exchanged with Europe.