Italy Biggest EU Trade Partner of Iran

EghtesadOnline: Bilateral trade between Iran and Italy in the first three months of 2017 stood at €1.2 billion, making Italy the biggest trading partner of Iran in the European Union over the period, IRNA reported, citing the EU's statistical service Eurostat. France and Germany followed Italy.

News ID: ۷۷۶۳۵۷

20 May 2017

Iran's exports to Italy accounted for about €800 million of the total sum, while Italy's exports to Iran stood at €400 million, indicating a turning point as bilateral trade balance tilted in Iran's favor for the first time in 10 years, according to Financial Tribune.