EU-Iran Foreign Trade in the first ten month of 2019 generated 4,310 million Euro.
The 28 EU countries exported goods worth € 3,724 million Euro to Iran and imported goods worth € 586 million. Germany was the most important EU trade partner of Iran, with a trade volume of 1,373 million Euro, followed by Italy (817 million Euro) and the Netherlands 423 million Euro).
The European Union (EU28) export of goods to Iran stood at 3,724 million Euro, a decrease of 53% compared with the first ten 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 €1,212 million, that was 50% less than in the first ten month of the year 2018. Second (18%) was Italy with exports worth € 683 million (-54%), followed by the Netherlands (€ 400 million, -40%) and France (€ 315 million, -62%).
From January till October 2019 the 28 EU countries imported goods worth € 586 million from Iran, (a decrease of 94% compared with the first ten month of 2018). Major Iranian exports to the European Union (28%) go to Germany, which imported goods worth € 161 million from Iran (-56%), followed by Italy (€ 134 million, -95%) and Spain (€64 million, -97%).