News ID: 323572
Published: 0307 GMT August 17, 2022

Iran-EU six-month trade grew 34% to €2.55b in 2022: Report

Iran-EU six-month trade grew 34% to €2.55b in 2022: Report
MOHAMMAD BABAEI/IRNA ‎
Eurostat figures show trade between Iran and the EU’s 27 member states ‎stood at €1.9 billion during January-June, 2021. ‎

Domestic Economy Desk

Iran’s trade with the European Union in the first half of 2022 witnessed a year-on-year growth of 34 percent in terms of value to reach €2.55 billion, IRNA reported on Wednesday, quoting the latest Eurostat figures.

The IRNA report added that trade between Iran and the EU’s 27 member states had stood at €1.9 billion during January-June, 2021.

It said the EU’s imports from Iran in the first half of the current year grew 37 percent to €550 million, noting that the figure amounted to €400 million during the same period last year.

According to IRNA, the bloc’s exports to Iran rose 33 percent during January-July compared to last year, standing at €2 billion. Last year, the value of the EU’s overseas sales to Iran in the same time period was €1.5 billion.

According to Eurostat statistics, IRNA said, Germany was Iran’s biggest European trade partner in the current year’s first half, accounting for over one-third of the total transactions between Tehran and the EU.

Iran-Germany transactions saw an increase of six percent in the duration to amount to €950 million, up by €58 million year-on-year, the report added.

Germany’s six-month imports from Iran in 2022 rose by eight percent in value, and stood at €151 million, putting last year’s figure at €140 million.

The report added Iran’s imports reached €799 million from the previous year’s €752 million, up by six percent.

 

 

   
KeyWords
 
Resource: IRNA
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 1/2444 sec