Financial Tribune - Iran exported �648.32 million worth of commodities to the EU, indicating a 93.06% fall, and imported �4.08 billion in return to register a 51.82% year-on-year decline

Trade between Iran and EU member states during the first 11 months of 2019 stood at �4.73 billion to register a 73.45% plunge compared with last year�s corresponding period, latest data released by the European Statistical Office show.

Germany, Italy and the Netherlands were Iran�s top three trading partners in the European bloc with bilateral exchanges standing at �1.52 billion, �889.15 million and �468.13 million respectively.

Iran�s trade with Cyprus (�7.62 million) and Bulgaria (�86.88 million) increased by 65.18% and 34.67% respectively year-on-year�the highest among EU states.