EU27-Iran Foreign Trade from January till April 2020 generated 1,474 million Euro. The 27 EU countries (without the United Kingdom) exported goods worth € 1,229 million Euro to Iran and imported goods worth € 246 million. Germany was the most important EU trade partner of Iran, with a trade volume of 628 million Euro, followed by Italy (206 million Euro) and the Netherlands 153 million Euro).
The European Union (EU27) export of goods to Iran in the first third of the year 2020 stood at 1.229 million Euro, a decrease of 4% compared to the first four 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 €555 million, that was 31% more than in January till April 2019. Second (13%) was Italy with exports worth € 166 million (-22%), followed by the Netherlands (€ 106 million, -12%) and France (€ 71 million, -39%).
In the first third 2020 the 27 EU countries imported goods worth € 246 million from Iran, (+5 %). Most of the Iranian exports to the European Union (30%) go to Germany, which imported goods worth 73 million from Iran (+1%), followed by the Netherlands (€ 47 million, +641%), Italy (€40 million, -24%) and Spain (€24 million, +16%).