Iran exports £200m goods, services to UK in 2023

May 10, 2024 - 12:57

TEHRAN - The UK Department of Trade and Industry said the country’s import of goods and services from Iran in 2023 exceeded £200 million, showing a 15.5 percent growth compared to a year earlier.

According to the latest statistics of the department, the total value of the trade exchanges between Iran and the UK in 2022 topped £389 million, and the figure reached £423 million in 2023, registering an 8.7 percent growth compared to a year earlier.

The United Kingdom exported £222 million worth of products to Iran in 2023, the report said, adding that this European country imported £201 million worth of goods and services from Iran in this timespan.

The UK export of products to Iran in 2023 registered a 3.3 percent growth compared to a year earlier while the UK import of products from Iran registered a 15.5 percent hike, the report added.

The UK exported £12.5 million of medical and pharmaceutical products to Iran in 2023 and imported £4.2 million of fresh fruits and vegetables from Iran in this period.

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