Iran and 27 members of the European Union traded €1.45 billion worth of goods during the first four months of 2021, to post a 1.13% decline compared with the previous year's corresponding period.
This is while Iran's trade with European states grew by 15.78% during April to €361.6 million.
Figures extracted from Eurostat's datasets show Germany remained the top trading partner of Iran during the four months under review, as the two countries exchanged €584.5 million worth of goods, 5.92% less than the year before.
Italy came next with €202 million worth of trade with Iran. A year-on-year comparison of the figures indicates a 1.76% decline in trade between Iran and Italy.
The Netherlands with €165.1 million (up 7.68%), Spain with €87 million (up 16.2%) and Belgium with €76.1 million (up 0.12%) were Iran's other major European trading partners.
Estonia registered the highest growth of 621% in trade with Iran during the four months under review. Romania with 235% and Croatia with 209% came next.
Italy and Belgium recorded the highest jump among Iran's major trade partners in Europe, during the month of April, 60% and 61.7%, respectively.
Eurostat is a directorate of the European Commission located in Luxembourg. Its main responsibilities are to provide statistical information to EU institutions and promote the harmonization of statistical methods across its member states and candidates for accession.
Organizations in different countries that cooperate with Eurostat are summarized under the concept of European Statistical System.
Iran exported €262.6 million worth of commodities to EU during the four-month period, indicating a 6.94% growth compared with the similar period of previous year.
The country exported €64.9 million worth of goods to EU partners in April, up 226%.
The main export destinations over the period were Germany (€93.9 million), Italy (€60 million), Spain (€23.1 million) and Romania (€12.8 million).
Exports to Estonia saw the largest increase of 360% during the period year-on-year.
Top exported goods mainly included edible fruit and nuts; fruit zest; mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes; plastics and articles thereof; pharmaceutical products; coffee, tea, mate and spices; products of animal origin, not elsewhere specified or included; iron and steel; organic chemicals; carpets and other textile floor coverings.
Iran’s imports from the EU member states declined by 2.7% to €1.18 billion during the period under review. Germany accounted for the largest share of exports worth €490.5 million to Iran, down 10.5%, followed by Netherlands (€154 million), Italy (€142.q million), Romania (€64.6m) and Spain (€64.1 million).
The imports included nuclear reactors, boilers, machinery and mechanical appliances, parts thereof; pharmaceutical products; optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, parts and accessories thereof; and cereals.
Electrical machinery and equipment and parts thereof; and sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles; organic chemicals; miscellaneous chemical products; oilseeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; plastics and articles thereof; essential oils and resinoids; perfumery, cosmetic or toilet preparations constituted other imported products.
Imports from the green continent grew by 1.46% to €296.7 million during the fourth month of the year.
Trade between Iran and 27 EU member states in 2020 stood at €4.24 billion to register a 13.35% decline compared with €4.89 billion in 2019.
Iran exported €618.03 million worth of commodities to EU during the 12-month period, indicating a 7.18% fall compared with €665.8 million in 2019. Its imports from EU dropped by 14.32% to stand at €3.62 billion during 2020.
