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                                        Volume. 11880

Iran-EU trade hits €5.67b in Jan.-Oct.: Eurostat
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c_330_235_16777215_0___images_stories_edim_04_mg2(63).jpgTEHRAN – The value of trade between Iran and the European Union amounted to €5.67 billion in January-October 2013, according to the EU statistics agency Eurostat.
 
The Iran-EU trade hit €522 million in October, a 17 percent rise compared to September, the Tasnim News Agency reported, citing the Eurostat data.
 
The EU exported €467 million worth of goods to Iran during the 10-month period.
 
However, trade between Iran and the EU fell by 51 percent in the mentioned period compared to the year before.
 
According to the European Commission website, the EU is the first trading partner of Iran, accounting for almost a third of Iran's exports.
 
Most EU imports from Iran are energy related, while EU exports to Iran are mainly machinery and transport equipment and chemicals.
 
Iran is currently trading with 180 countries, according to Iran’s Customs Administration.
 
Iran’s trade balance with 91 countries was positive in the first eight months of the current Iranian calendar year, which began on March 21, 2013.
 
Iran had the highest positive trade balance with Iraq, Afghanistan, Turkmenistan, Egypt, and Azerbaijan, according to the report.
 
Iran exports 56.84 million tons of non-oil goods, valued at $24.605 billion, in the first eight months of the current Iranian calendar year, which began on March 21.

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