The DBT reported the significant growth of 72% in the value of Iran-UK trade exchanges last year compared to 2021.
The trade figure of £696 is the highest value of trade exchanges between the two countries recorded over past10 years, the figures showed.
The United Kingdom has exported £531 million worth of goods and services to Iran in 2022, an increase of 100% compared to the preceding year.
UK imports from Iran also increased by 18% last year compared to 2021 to reach £165 million.
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