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Home International Customs Denmark

Danish exports to Iran increase by 66% in 17 months

byCT Report
19/10/2016
in Denmark
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COPENHAGEN: Danish exports to Iran jumped 66 percent in the 17 months ending 31 May 2016, according to Danny Annan, the Danish ambassador to the western Asian country.

The rise was in line with expectations following the lifting of US and EU sanctions after January’s confirmation that the country had honoured a UN Security Council nuclear agreement made in 2015.

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“If you look at the first five months of 2016 and the total result of 2015 so far, there has been a 66 percent increase in Danish exports to Iran. It is my clear expectation that our bilateral trade will continue to the benefit of Iran and Denmark.”

Back in January, the Danish embassy in Tehran described the Iranian market as one with “rising purchasing power, a young population and good export opportunities”.

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