Italy was the most important EU- trade partner of Iran, with a trade volume of 4.0 billion Euro, followed by France (3.2 bn Euro) and Germany (2.7 bn Euro).
From January to October 2017 the European Union (EU28) export of goods to Iran stood at € 8,407 mn, an increase of 32% compared with the first ten month in 2016. According to the latest (preliminary) data by Eurostat, the statistical office of the European Union, 28% of the EU-exports to Iran came from Germany, which delivered goods worth € 2,354 mn, that was 19% more than in the first ten month of the year 2016. Second (16%) was Italy with exports worth € 1,379 mn (+14%), followed by France (€ 1,176 mn, +119%).
January to October 2017 the 28 EU countries imported goods worth € 8.241 bn from Iran, (an increase of 109% compared with the first ten month of 2016). With the removal of most of the sanctions at the end of January 2016, Iran again started the export of oil to Europe. That is the reason for the high growth rates in Iranian exports to some EU countries. Major Iranian exports to the European Union go to Italy, which imported goods worth € 2,584 mn from Iran (+315%) and France (€ 2,010 mn, + 109%). Germany holds 6th place with imports worth 307 million Euro (+27%). http://marin-consult.com