The value of trade between Iran and the European Union (EU)’s member states reached €380 million in January, according to the data released by the European Union’s statistics office Eurostat.
Based on the Eurostat data, the trade between the two sides fell 10 percent in the first month of the current year in comparison to the preceding year’s same month when the figure stood at €424 million.
As reported, the EU’s exports to Iran in January stood at €311 million, registering a decrease of nine percent compared to the same month in 2023 when the EU’s exports to Iran were reported to be €344 million.—Tehran Timas