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Germany Leads Trade With Iran

Overall trade between Iran and European states decreased by 9% to €2.64 billion during the seven months under review, €1.08 billion of which were between Iran and Germany
Germany Leads Trade With IranGermany Leads Trade With Iran

Germany had the highest volume of trade with Iran among the 27 members of European Union in the first seven months of 2020, accounting for 41% of Iran's total exchanges with the bloc, latest statistics released by Eurostat show. 
Overall trade between Iran and European states decreased by 9% to €2.64 billion during the seven months under review, €1.08 billion of which were between Iran and Germany. 
Germany also recorded the highest year-on-year growth in trade with Iran among European states during the period, with 15%. 
Italy was Iran's second largest partner in the green continent, though bilateral trade barely exceeds €390 million with a 29% YOY decline. 
The Netherlands came third with €291 million worth of trade with Iran, which figure is 2% higher than the same period of last year. 

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