Domestic Economy

Q1-3 Trade With EU Rises to €3.3b

Iran exported €632.67 million worth of commodities to EU partners from January to September 2021, indicating a 14.09% growth, while imports declined by 0.55% to €2.72 billion
Q1-3 Trade With EU Rises to €3.3b
Q1-3 Trade With EU Rises to €3.3b

Iran and the 27 member states of the European Union traded €3.34 billion worth of goods during the first nine months of 2021, registering a 1.91% growth compared with last year's corresponding period.
Bilateral trade grew by 6.39% in September year-on-year to hit €376.05 million. 
Data released by Eurostat's database show Germany was the top trading partner of Iran in the EU, as the two countries exchanged €1.24 billion worth of goods, 5.24% less than the year before. 
Italy came next with €445.77 million worth of trade with Iran. A year-on-year comparison of the trade volume indicates an 11.04% decline. 


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