EU-Iran Foreign Trade in the first two month of 2019 generated only 757 million Euro. The 28 EU countries exported goods worth € 621 mn Euro to Iran and imported goods worth € 136 mn. Germany was the most important EU trade partner of Iran, with a trade volume of 261 million Euro, followed by Italy (124 mn Euro) and the Netherlands (62 mn Euro).
The European Union (EU28) export of goods to Iran stood at 621 mn Euro, a decrease of 60% compared with the first two month in 2018. According to the latest data by Eurostat, the statistical office of the European Union, 36% of the EU exports to Iran came from Germany, which delivered goods worth €223 mn, that was 53% less than in January and February 2018. Second (16%) was Italy with exports worth € 97 mn (-63%), followed by the Netherlands (€ 59 mn, -61%) and France (€ 49 mn, -71%).
In the first two month of the year 2019 the 28 EU countries imported goods worth € 136 mn from Iran, (a decrease of 94% compared with the first two month of 2018). Major Iranian exports to the European Union (28%) go to Germany, which imported goods worth € 38 mn from Iran (-43%), followed by Italy (€ 27 mn, -95%) and Belgium and Luxemburg(€ 24 mn, +21%).