23 Nov 2024
Saturday 23 May 2015 - 22:36
Story Code : 165606

Major rise seen in Irans exports to EU

The latest official figures show a major rise in Irans exports of goods to the European Union in the in the first quarter of 2015.

Figures released by Eurostat the statistical office of the European Union show the increase of Irans exports to Europe were more than five times higher than the increase in its imports from the country during the same period.

Eurostat says the value of the blocs imports from Iran over the period stood at 349 million.

The figure shows an increase of 34 percent compared to the same period last year.

The value of EUs exports to Iran, on the other hand, stood at 1.46 billion, about 6 percent higher than the same period last year.

The total value of Iran-EU trade in the first quarter stood at 1.809 billion showing an increase of 11 percent compared to the same period last year.

Figures show an increase of 20 percent in overall trade between Iran and the EU in 2014. This is while Iran-EU trade saw a dramatic decline of 47 percent in 2013.

By Press TV
https://theiranproject.com/vdcdzk0f9yt0996.em2y.html
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