EU27-Iran Foreign Trade from January till October 2020 generated 3,641 million Euro.
The 27 EU countries (without the United Kingdom) exported goods worth € 2,460 million Euro to Iran and imported goods worth € 496 million. Germany was the most important EU trade partner of Iran, with a trade volume of 1,450 million Euro, followed by Italy (560 million Euro) and the Netherlands (409 million Euro).
The European Union (EU27) export of goods to Iran in the first ten month of the year 2020 stood at 3.036 million Euro, a decrease of 16% compared to the first ten month of the year 2019. According to the latest data by Eurostat, the statistical office of the European Union, 40% of the EU exports to Iran came from Germany, that delivered goods worth € 1.227 million, that was 1% more than from January till October 2019. Second (16%) was Italy with exports worth € 475 million (-30%), followed by the Netherlands (€ 299 million, -26%).
From January till October 2020 the 27 EU countries imported goods worth € 605 million from Iran (+7%). Most of the Iranian exports to the European Union (37%) go to Germany, which imported goods worth 223 million from Iran (+38%), followed by the Netherlands (€ 110 million, +384%) and Italy (€85 million, -37%).