EU-Iran Foreign Trade in the first eleven month of 2019 generated 4,733 million Euro. The 28 EU countries exported goods worth € 4,085 million Euro to Iran and imported goods worth € 648 million. Germany was the most important EU trade partner of Iran, with a trade volume of 1,520 million Euro, followed by Italy (889 million Euro) and the Netherlands 468 million Euro).
The European Union (EU28) export of goods to Iran stood at 4,085 million Euro, a decrease of 52% compared with the first eleven month of the year 2018. According to the latest data by Eurostat, the statistical office of the European Union, 33% of the EU exports to Iran came from Germany, which delivered goods worth €1,343 million, that was 48% less than in the first eleven month of the year 2018. Second (18%) was Italy with exports worth € 746 million (-53%), followed by the Netherlands (€ 439 million, -37%) and France (€ 345 million, -60%).
From January till November 2019 the 28 EU countries imported goods worth € 648 million from Iran, (a decrease of 93% compared with the first eleven month of 2018). Major Iranian exports to the European Union (27%) go to Germany, which imported goods worth € 177 million from Iran (-55%), followed by Italy (€ 143 million, -95%) and Spain (€72 million, -96%).