...

Iran’s imports from EU hit $3.6B in 6 months

Business Materials 10 October 2016 13:49 (UTC +04:00)

Baku, Azerbaijan, Oct. 10

By Fatih Karimov – Trend:

The European countries exported over 2.41 million tons of goods, worth $3.602 billion to Iran during the first six months of current Iranian fiscal year (March 20-Sept. 21, 2016).

The Islamic Republic's imports from the Europe registered an increase by 26 percent in terms of volume and 20 percent in terms of value respectively compared the same period of last year, according to the latest statistics released by Trade Promotion Organization of Iran (TPOI).

Organization of Islamic Cooperation (OIC) took a dominant share from Iran’s imports during the 6-month period. Tehran imported some 3.575 million tons of goods, worth $5.044 billion from the OIC countries during the 6-month period.

The mentioned amount is 33 and 13 percent less in terms of volume and value respectively, compared the same period of last fiscal year(March 20-Sept. 21, 2015).

Iran's imports from various economic regions, based on the TPOI report:

Economic organization

March 20-Sept. 21, 2016 ($million)

March 20- Sept. 21, 2015 ($million)

Change

OIC

5044

5806

-13%

EU

3602

3006

20%

GCC

3155

3716

-15%

ECO

1578

1826

-14%

CIS

1035

507

104%

ASEAN

659

624

6%

Iran's exports to various economic regions, based on the TPOI report:

Economic organization

March 20- Sept. 21, 2016 ($million)

March 20- Sept. 21, 2015 ($million)

Change

OIC

12068

9851

23 %

ECO

4636

2935

58%

GCC

3920

3300

19%

CIS

1068

913

17%

EU

808

716

13%

ASEAN

338

284

19%

Latest

Latest