EU27-Iran Foreign Trade from January till Mal 2020 generated 1,829 million Euro. The 27 EU countries (without the United Kingdom) exported goods worth € 1,552 million Euro to Iran and imported goods worth € 277 million. Germany was the most important EU trade partner of Iran, with a trade volume of 782 million Euro, followed by Italy (254 million Euro) and the Netherlands 188 million Euro).
The European Union (EU27) export of goods to Iran in the first five month of the year 2020 stood at 1.552 million Euro, a decrease of 7% compared to the first five month of the year 2019. According to the latest data by Eurostat, the statistical office of the European Union, 45% of the EU exports to Iran came from Germany, which delivered goods worth € 697 million, that was 29% more than in January till May 2019. Second (14%) was Italy with exports worth € 210 million (-28%), followed by the Netherlands (€ 138 million, -28%).
In the first five month of the year 2020 the 27 EU countries imported goods worth € 277 million from Iran, (-3 %). Most of the Iranian exports to the European Union (31%) go to Germany, which imported goods worth 85 million from Iran (-1%), followed by the Netherlands (€ 50 million, +598%) and Italy (€44 million, -30%).