Domestic Economy

8-Month Trade With EU at €2.9b

8-Month Trade With EU at €2.9b
8-Month Trade With EU at €2.9b

Iran and the 27 member states of the European Union traded €2.97 billion worth of goods during the first eight months of 2021, to post a 1.15% decline compared with the previous year's corresponding period.
However, bilateral trade grew by 35.37% year-on-year in August to €391.79 million.
Figures announced by Eurostat's database show Germany remained the top trading partner of Iran during the eight months, as the two countries exchanged €1.11 billion worth of goods, 6.98% less than the year before.
Italy came next with €397.11 million worth of trade with Iran. A year-on-year comparison of the figures indicates an 11.48% decline in trade between Iran and Italy.


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