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Iran's Trade With EU Tops €1.8b in First Five Months of 2021

Iran exported €332.1 million worth of commodities to EU from January to the end of May 2021, registering a 20% growth while its imports from the EU member states declined by 2.31% to €1.51 billion year-on-year
Iran's Trade With EU Tops €1.8b in First Five Months of 2021
Iran's Trade With EU Tops €1.8b in First Five Months of 2021

Iran and 27 members of the European Union traded €1.84 billion worth of goods during the first five months of 2021, to post a 1.07% growth compared with the previous year's corresponding period.
Bilateral trade grew by 9.96% in May to €394.9 million. 
Figures extracted from Eurostat's datasets show Germany remained the top trading partner of Iran during the five months under review, as the two sides exchanged €732.6 million worth of goods, 6.05% less than the year before. 
Italy came next with €252.3 million worth of trade with Iran. A year-on-year comparison of the figures indicates a 0.81% decline in trade between Iran and Italy. 
The Netherlands with €197.5 million (up 5.41%), Spain with €131.3 million (up 19.13%) and Belgium with €96.2 million (up 8.5%) were Iran's other major European trading partners.

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