EU-Iran Foreign Trade in the first eight month of 2019 generated 3,473 million Euro. The 28 EU countries exported goods worth € 2,996 million Euro to Iran and imported goods worth € 476 million. Germany was the most important EU trade partner of Iran, with a trade volume of 1,096 million Euro, followed by Italy (658 million Euro) and the Netherlands (334 million Euro).
The European Union (EU28) export of goods to Iran stood at 2,996 million Euro, a decrease of 52% compared with the first eight month of the year 2018. According to the latest data by Eurostat, the statistical office of the European Union, 32% of the EU exports to Iran came from Germany, which delivered goods worth €963 million, that was 47% less than in the first eight month of the year 2018. Second (18%) was Italy with exports worth € 547 million (-50%), followed by the Netherlands (€ 322 million, -41%) and France (€ 256 million, -62%).
From January till August 2019 the 28 EU countries imported goods worth € 477 million from Iran, (a decrease of 94% compared with the first eight month of 2018). Major Iranian exports to the European Union (28%) go to Germany, which imported goods worth € 133 million from Iran (-58%), followed by Italy (€ 111 million, -95% and Spain (€48 million, -97%).