EU-Iran Foreign Trade in the first five month of 2019 generated 2058 million Euro. The 28 EU countries exported goods worth € 1748 million Euro to Iran and imported goods worth € 310 million. Germany was the most important EU trade partner of Iran, with a trade volume of 645 million Euro, followed by Italy (354 mn Euro) and the Netherlands (199 mn Euro).
The European Union (EU28) export of goods to Iran stood at 1748 million Euro, a decrease of 54% compared with the first five month of 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 €560 million, that was 49% less than in the first five month of 2018. Second (17%) was Italy with exports worth € 291 million (-57%), followed by the Netherlands (€ 192 million, -42%) and France (€ 137 million, -66%).
From January till May 2019 the 28 EU countries imported goods worth € 310 million from Iran, (a decrease of 94% compared with the first five month of 2018). Major Iranian exports to the European Union (28%) go to Germany, which imported goods worth € 85 million from Iran (-38%), followed by Italy (€ 63 million, -96%) and Belgium (€39 million, 0%).