Iran’s exports to Europe increases by 34%
Baku, Azerbaijan, Feb. 4
By Umid Niayesh - Trend:
Iran's exports to Europe registered a 34.39 percent increase in terms of value year on year and stood at $1.453 billion during the first ten months of the current Iranian fiscal year (March 21, 2014- Jan 21).
The Islamic Republic exported 1.745 million metric tons of goods to the European countries in the 10-month period, which indicates an increase of 44.8 percent in comparison with the same period of last year, the Iranian Customs Administration said in its detailed monthly report released Feb. 4.
European markets shared 4.95 percent of Tehran's total non-oil exports' value during the first ten months of the current fiscal year.
Meanwhile, the European countries exported over 10.854 million metric tons of goods, worth $9.1 billion to Iran during the 10-month period from March 21, 2014 to Jan. 21.
The Islamic Republic's imports from the Europe registered an increase by 76.13 percent in terms of volume and 14.64 percent in terms of value respectively compared the same period of last year.
The EU countries shared 20.79 percent of Iran's total imports in terms of value during the first ten months of the current fiscal year.
Germany was the Islamic Republic's main European trade partner during the period. The country exported over $2.04 billion worth of goods to Iran, indicating an increase by 9.26 percent year on year.
Germany stood at sixth place among the countries exported goods to Iran, followed by Switzerland (with $1.898 billion worth of exports), Netherlands ($887.4 million) and Italy ($860 million).
Italy was the main European target of the Islamic Republic exports. Iran exported $393.2 million worth of goods to Italy during the 10-month period, 198 more year on year.
Germany (with $284.4 million), Spain (with $149.9 million), the UK (with $66.53 million) and Netherlands (with $59.57 million) stood at the next places.
Iran's non-oil trade turnover (including condensates) surpassed $86.261 billion during the first ten months of current Iranian fiscal year.
The Islamic Republic's non-oil exports (including condensates) accounted for $42.584 billion of the mentioned amount, while imports accounted for $43.677 billion.
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