Iran-EU Trade Turnover Jumps by 58%
TEHRAN (Tasnim) – The value of trade transactions between Iran and the 28 member states of the European Union in September 2014 has witnessed a 58 percent increase, compared to the same month last year, data released by the Eurostat showed.
Trade turnover between Iran and the EU in September 2013 had stood at 445 million euros, and it reached 703 million euros in the same month in 2014, according to a report by the Eurostat.
The EU imports from Iran in September reached €112 million, showing a 113 percent increase, compared to the same period last year, in which the figure stood at €48 million.
An earlier report released by the Eurostat in October had revealed that the value of Iranian exports to the EU during the first eight months of 2014 increased by 28 percent, compared with the same period last year, reaching €645 million.
The report also showed that the value of Iran-EU trade exchanges from January to August 2014 grew by 15 percent, compared to the same period last year, which had amounted to €3.975 billion.
According to the data, the total value of EU imports from the Islamic Republic in August 2014 amounted to €80 million, indicating a 77 percent increase compared with August 2013.
