EU-Iran Foreign Trade in January 2020 generated 387 million Euro.
The 28 EU countries exported goods worth € 309 million Euro to Iran and imported goods worth € 78 million. Germany was the most important EU trade partner of Iran, with a trade volume of 149 million Euro, followed by Italy (50 million Euro) and the Netherlands 34 million Euro).
The European Union (EU28) export of goods to Iran in January 2020 stood at 309 million Euro, a decrease of 30% compared to December 2019 but 12% more compared to January 2019. According to the latest data by Eurostat, the statistical office of the European Union, 39% of the EU exports to Iran came from Germany, which delivered goods worth €119 million, that was 32% less than in December 2019 but 17% more than in January 2019. Second (12%) was Italy with exports worth € 37 million (-53% Jan/Dec resp. -5% Jan/Jan), followed by the Netherlands (€ 32 million, -28% Jan/Dec. resp. -2% Jan/Jan) and France (€ 20 million, -35% Jan/Dec and -20% Jan/Jan).
In January 2020 the 28 EU countries imported goods worth € 78 million from Iran, (an increase of 47% compared with Dec. 2019 and an increase of 45% compared with January 2019. Most of the Iranian exports to the European Union (38%) go to Germany, which imported goods worth 30 million from Iran (+103% Jan/Dec resp. 41% Jan/Jan ), followed by Italy (€ 13 million, +46 Jan/Dec resp +38% Jan/Jan) and Spain (€11 million, +33% Jan/Dec resp. +103% Jan/Jan).