Germany shares 6% of Iran’s total imports
Baku, Azerbaijan, Feb. 1
By Fatih Karimov – Trend:
Germany remained fifth top goods exporter to Iran during the first ten months of the current fiscal year (March 20, 2016-Jan. 20) with $1.962 billion worth of exports.
Germany’s exports to Iran increased by 36 percent in the 10-month period, according to the latest statistics released by Trade Promotion Organization of Iran (TPOI).
The country shared 5.6 percent of Iran’s overall imports which accounted for $34.982 billion in the first ten months of the current fiscal year.
Besides Germany, Switzerland, and Italy were also European countries which took place among top exporters of goods to Iran in the period.
Iran purchased 60 percent of its totally imported goods during the first ten months of current fiscal year from five countries - China, the United Arab Emirates, South Korea, Turkey and Germany.
China was the main exporter of goods to Iran in the mentioned period. China’s exports accounted for 24 percent of Iran's total imports in terms of value.
Iran imported $8.403 billion worth of goods from China during the 10-month period, indicating a 1 percent fall year-on-year.
Iran also imported $5.488 billion worth of goods from the UAE (11 percent fall), which marks 15.7 percent of Iran's total imports' value.
South Korea and Turkey exported $2.786 billion, and $2.193 billion worth of goods respectively to Tehran.
South Korea exports to Iran indicated a decrease by 9 percent, meanwhile imports from Turkey registered a fall by 11 percent.
India was the sixth top goods exporter to Iran with $1.59 billion worth of exports (indicating a fall by 16 percent), followed by Russia ($1.395 billion, 180 percent increase), Switzerland ($1.092 billion worth of goods, 46 percent fall), Brazil ($966 million, 92 percent increase), and Italy ($946 million, 29 percent increase).