Iran and the European Union’s 27 member states traded €1.67 billion worth of goods in the first four months of 2022, registering a 15.3% 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 during the period, as the two countries exchanged €639.78 million worth of goods, 9.58% higher than the year before.
Italy came next with €203.07 million worth of trade with Iran. A year-on-year comparison of trade volume indicates a 0.36% growth.
The Netherlands with €133.4 million (down 18.9%) and Spain with €120.22 million (up 37.12%) were Iran's other major European trade partners.
June 23, 2022 15:59
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Iran's Trade With EU Increases by 15%
Iran exported €361.69 million worth of commodities to EU in the first four months of 2022, indicating a 37.53% growth year-on-year. Imports from EU member states during the period grew by 10.37% YOY to €1.31 billion
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