Iran’s 10-Month Exports to Five European Partners Exceed €490m

Iran’s total exports to its top five European partners, namely Germany, the Netherlands, Italy, Spain and Belgium, stood at €493.7 million during the first 10 months of 2020, showing a 7% rise compared with the similar period of last year.
According to data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture, Germany was the biggest destination of Iranian exports during the period with more than €223.1 million. It was followed by the Netherlands with €110.3 million, Italy with €84.7 million, Spain with €45.2 million and Belgium with €30.4 million worth of imports from Iran from January till October, IRNA reported.
Foodstuff and livestock accounted for 40%, chemicals for 19%, mineral fuels for 16%, industrial products for 11%, and inedible raw material (except fuel) for 10% of Iran’s overall exports to the European Union during the period under review.
The five main European exporters to Iran over the same period sold more than €2.37 billion worth of commodities to the country.