Iran-EU’s February Trade Up 30% y/y

According to the statistical office of the European Union (Eurostat), the value of trade exchanges between Iran and 27 EU members in February 2024 has grown by 30% compared to the same month last year.

News ID: ۸۴۰۱۴۲

04 May 2024

EghtesadOnline: In February, Germany’s exports to Iran grew by 46 percent while Italy’s import of products from Iran showed a 96% hike.

The figures also show that the value of trade exchanges between Iran and 27 EU member states in January and February 2024 reached €847 million, showing an 8 percent increase compared to the last year’s corresponding period.

The EU members have imported €144 million in goods from Iran in January and February 2024, indicating a three percent growth compared to the same period in 2023, IRNA reported.

Italy’s import of non-oil products from Iran in February 2024 has doubled, the Eurostat added. / Tasnim