EU-Iran Foreign Trade in the first four month of 2019 generated 1574 million Euro. The 28 EU countries exported goods worth € 1356 million Euro to Iran and imported goods worth € 218 mn. Germany was the most important EU trade partner of Iran, with a trade volume of 522 million Euro, followed by Italy (264 mn Euro) and the Netherlands (127 mn Euro).
The European Union (EU28) export of goods to Iran stood at 1356 million Euro, a decrease of 56% compared with the first four month of 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 €450 million, that was 49% less than in the first four month of 2018. Second (16%) was Italy with exports worth € 211 million (-60%), followed by the Netherlands (€ 121 million, -53%) and France (€ 116 million, -64%).
From January till April 2019 the 28 EU countries imported goods worth € 259 million from Iran, (a decrease of 93% compared with the first third of 2018). Major Iranian exports to the European Union (28%) go to Germany, which imported goods worth € 72 million from Iran (-39%), followed by Italy (€ 53 million, -96%) and Spain (€21 million, -97%).