Financial Tribune - Iran exported more than �8.88 billion worth of commodities to EU member states during the 10-month period, which shows a 17.13% rise year-on-year, as imports decreased by 3.32% to stand at �7.69 billion

Trade between Iran and the 28 member states of the European Union during January-October amounted to �16.58 billion, which shows a 6.66% rise compared with the similar period of last year.

Iran�s top five trade partners over the period were Italy, Germany, Spain, France and Greece with more than �4.28 billion, �2.7 billion, �2.52 billion, �2.36 billion and �1.18 billion worth of commercial exchanges respectively.

Trade with Croatia (�65.03 million), Hungary (�90.57 million) Latvia (�6.42 million), Austria (�682.9 million) and Spain (�2.52 billion) saw the highest growths of 1,400.8%, 158.6%, 119.9%, 89.6% and 70.6% respectively.

Iran experienced the sharpest decline in trade with Cyprus (59.9%), Malta (54.3%), Portugal (50.7%), Bulgaria (43.6%) and Romania (33.5%).

The country exported more than �8.88 billion worth of commodities to EU member states during the 10-month period, which shows a 17.13% rise year-on-year, according to Eurostat data reviewed by Financial Tribune.