Iran and the member states of the European Union exchanged more than €450 million worth of products in November 2023, showing a 24-percent growth compared to Noevmber 2022.
The 27 EU member states exported about €3.5 billion worth of non-oil products to Iran in the 11 months of 2023 (January to November).
Eurostat put the total value of the trade exchanges between Iran and 27 member states of the European Union from January to November 2023 at €4.214 billion, showing a 12 percent decline compared to the same period a year earlier.
Iran and 27 EU member countries had exchanged €4.793 billion worth of products from January to November 2022.
According to this report, EU exports of non-oil products to Iran fell from €3.813 billion between January and November 2022 to €3.484 billion from January to November 2023.
The value of the EU imports from Iran between January and November 2023 reached €730 million, registering a 25 percent decline compared to the previous year’s corresponding period.
The 27 member states of the EU imported €980 million worth of products from Iran between January and November 2022.