Iran and the European Union’s 27 member states traded €835.2 million worth of goods in the first two months of 2022, registering an 18.37% growth compared with last year's corresponding period.
Data released by Eurostat's database show Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged €314.2 million worth of goods, 11.83% higher than the year before.
Italy came next with €96.95 million worth of trade with Iran. A year-on-year comparison of trade volume indicates a 1.72% decline.
The Netherlands with €62.72 million (down 38.5%) and Spain with €66.83 million (up 21.42%) were Iran's other major European trade partners.
May 08, 2022 19:08
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Iran-EU Transactions Up 18%
Germany was the top trading partner of Iran in the EU region during the first two months of 2022, as the two countries exchanged €314.2 million worth of goods, 11.83% higher than the year before
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