Iran’s trade balance with EU negative

Baku, Azerbaijan, Feb. 19

By Rahim Zamanov - Trend:

Iran's trade balance with the European Union was negative in the first ten months of the current Iranian calendar year, which started on March 21, 2013, Deputy Director of Tehran province's Industry, Mine, and Trade Organization Houshang Rezayi Samarin said on Feb 19., Iran's IRNA News Agency reported.

"Iran imported some $5.858 billion worth of goods from the EU in the mentioned period," he said, adding that the country exported only $741 million worth of goods to the EU in the ten-month period.

"So Tehran's balance of trade with the EU stands at a negative $5.116 billion," Rezayi Samarin added.

He went on to note that Iran imported $1.92 billion worth of goods from Germany in the mentioned period.

"Tehran also exported $254 million worth of goods to Berlin," he stated.

Citing data released by the Iranian Customs Administration, ISNA reported in January that Iran's trade balance with 83 countries was positive in the first nine months of the current Iranian calendar year, which began on March 21, 2013.

The country traded [non-oil] goods with 171 countries in the nine month period.

Iran had the highest positive trade balance with Iraq, Afghanistan, Turkmenistan, Egypt, and Azerbaijan.

Iran conducted $62.507 billion in trade of non-oil goods with other countries during the mentioned nine month period of time.

The country exported $29.241 billion worth of non-oil goods (including gas condensates) and imported $33.266 billion of non-oil goods.

Iron ore concentrate, urea, and Methanol were the main goods exported, and rice, soy meal, and wheat were the main items imported.

China, Iraq, and the United Arab Emirates were the three top importers of Iranian goods during the period, while the United Arab Emirates, China, and India were the leading exporters of goods to Iran.

Iran exported around $43.7 billion worth of non-oil goods in the previous Iranian calendar year and imported about $61.8 billion worth of non-oil goods to hit the unprecedented mark of $105 billion in annual trade.

Subscribe to Trend in Google News! Subscribe
Iran eyes resuming import of Turkmen gas
Iran eyes resuming import of Turkmen gas
Weekly review of trading at Turkmenistan's commodity exchange
Weekly review of trading at Turkmenistan's commodity exchange
Central Bank of Turkmenistan’s names TOP-3 banks with largest number of issued cards
Central Bank of Turkmenistan’s names TOP-3 banks with largest number of issued cards
Loading Bars
Latest
Azerbaijan to hold new auction for state property facilities
Saudi fast-food franchise operator Alamar Foods considers IPO
French ambassador makes statement on occasion of Azerbaijan's Independence Restoration Day
German companies interested in expanding economic co-op with Azerbaijan
EU has exported over 1 bln COVID-19 vaccines
U.S. manufacturing output declines in September
Azerbaijan issues startup certificates to more SMEs
Uzbekistan’s private airline launches flights from Tashkent to Moscow
Iran eyes resuming import of Turkmen gas
Azerbaijan's Khudafarin bridge in Jabrayil district - finally liberated (PHOTO)
Azerbaijan’s renewable energy potential exceeds installed capacity fourfold
Kazakhstan to extend food import substitution measures amid COVID-19
Ukraine has every capability to restore infrastructure of Azerbaijan’s liberated territories – MP
Playtech acquired for $3.7b
Total value of Azerbaijan's oil export abroad up in 9M2021
Georgia to further develop relationship with Azerbaijan - Georgian MFA
EU Special Representative for South Caucasus to visit Azerbaijan
Iran records decrease in production of raw steel, steel products
Weekly review of Azerbaijani precious metals market
Turkish MoD congratulates Azerbaijan with its Independence Restoration Day
Ukrainian companies may partake in construction, restoration of Azerbaijan’s Aghdam – MP
Azerbaijan's announces drastic increase in car imports for 9M2021
Pan-European Executive MBA designed specifically to integrate holistic approach to business (VIDEO)
NATO ready to support ensuring peace in South Cacasus region - special rep
Non-OPEC oil output to more than half from 2020 levels
Weekly review of Azerbaijani currency market
Iran reveals COVID-19 data for October 18
Israel and Azerbaijan are great allies and partners, who have common interest in region – former Israeli MP
European renewables generation to exceed 6,000 TWh
Over 60% of total investment to be spent on developing new oil & gas fields
Iran’s NICICO boosts extraction and production
Azerbaijan Automobile Federation organizes 'Time Attack' race (PHOTO)
Azerbaijan's foreign trade turnover increases in 9M2021
Year passes since Azerbaijan's liberation of Khudaferin bridge from Armenian occupation (PHOTO/VIDEO)
EU gas production falls by 8%
Share of renewables in EU power generation mix decreased
North Carolina declares Oct. 18 as Day of Restoration of State Independence of Azerbaijan
MUSIAD aims to raise trade turnover between Azerbaijan and Turkey (VIDEO)
EU gas consumption reaches highest level in last seven years
EIB, EU Commission ink deal on financing for alternative fuels infrastructure projects
Armenia’s failure to provide minefield maps to Azerbaijan impedes restoration work in liberated territories - FM
Azerbaijan sees no effective steps from Armenia in opening transport links - minister
Azerbaijan recommends revanchist forces not to go down wrong path - PM
TAP updates on progress in market test
Azerbaijan stands for normalizing relations with Armenia in post-conflict period based on int'l law - FM
Turkey reveals cargo traffic with Netherlands for 8M2021
Master plans for Zangilan, Gubadli, Kalbajar and Lachin being prepared, will be done without taking any loans - Azerbaijani president
Khudaferin Bridge is proof of talent of Azerbaijani people - President Ilham Aliyev (VIDEO)
Physical gas flows, nominations at TAP’s interconnections
Great leader Heydar Aliyev returned to power at request of the people, then threat of losing independence again was prevented - president
Azerbaijan boosts gas exports
People of Azerbaijan tirelessly walked towards this victory - President Aliyev
Turkish FM tweets on marking Day of Restoration of Azerbaijan's Independence
Iranian currency rates for October 18
Kazakhstan sees rise in gold jewelry price
IRICA shares data on Iran’s export to neighboring countries
Azerbaijan gives update on mine clearance work on its liberated lands
Azerbaijan calls for urgent interim measures against Armenia
Bank of Georgia allocates funds to back project at local construction company
In villages of Fuzuli, each house will have at least 12 acres of land - president
Azerbaijani First VP Mehriban Aliyeva shares post related to October 18 - Independence Restoration Day on Instagram (PHOTO)
Banks to start connecting Mir cards to Google Pay from October 26
Kazakhstan reveals main objectives of national agro-industrial complex project until 2025
Qatari companies might participate in restoration of Azerbaijan's liberated territories - FM
Gas price in Europe down to $980 per 1,000 cubic meters as trading opens
President Ilham Aliyev receives Turkish minister of labor and social security
President Ilham Aliyev receives delegation led by Deputy Prime Minister of State of Qatar
When I shared news of liberation of Fuzuli, whole world saw that we would complete our glorious mission - Azerbaijani president (FULL SPEECH)
Israel and UAE nearing free trade agreement
Coal’s share in Other non-OECD Asia’s generation mix to reach 50% in 2050
Iran increases raw steel exports
Azerbaijan prevents attempt to violate maritime state border (PHOTO)
Azerbaijani Cabinet of Ministers to soon issue proposals on raising social payments
Azerbaijan’s shares data on GDP growth for 9M2021
Uzbekistan, Tajikistan resume bus transportation
Iran's IRENEX discloses sales of Persian Gulf Fajr Energy Company
Georgia shares data on COVID-19 cases for October 18
Iran's Energy Exchange announces products to be on sale on October 18
Our historic victory - beginning of new era in development of both our country, region as whole - President Aliyev
It is far more difficult to preserve independence than to gain it - President Aliyev
Azerbaijan, Qatar sign agreement on mutual abolition of visas
President Ilham Aliyev addresses nation on occasion of 30th anniversary of restoration of independence
Press conference of Azerbaijani, Qatari FMs (PHOTO/VIDEO)
Weekly review of trading at Turkmenistan's commodity exchange
Georgia to hold discussion on 2022 state budget
Volkswagen's Skoda Auto halts production for two weeks
Serious steps must be taken in Iran regarding food security - Ministry of Health
Weekly review of Azerbaijani oil market
Azerbaijani FM receives his Qatari counterpart (VIDEO)
This year we celebrate October 18 with pride and happiness, having witnessed glorious history written by victorious Azerbaijani Army - Turkic Council's SecGen
Turkey reveals cargo traffic with Saudi Arabia for 8M2021
Iran’s Bahar Azadi gold coin price dips
Turkish Ambassador congratulates Azerbaijan on Day of Restoration of Independence
Iran’s CBI shares amount of currency sold at NIMA exchange rate
Israel significantly increases steel imports from Turkey in 9M2021
UN International Court of Justice to hold hearings on Azerbaijan’s claim against Armenia
Azerbaijani judo team finishes performance at tournament in Paris
Georgia and US plan to sign co-op agreement in field of defence
Kazakhstan's trade dynamics with TOP-3 CIS partners unveiled
Central Bank of Turkmenistan’s names TOP-3 banks with largest number of issued cards
All news