Iran and 27 members of the European Union traded €266.26 million worth of goods and commodities during January, to post a 28.23% decline compared with the previous year's corresponding period, when they exchanged €370.98 million worth of goods.
Latest data extracted from Eurostat's datasets show Iran exported €44.7 million worth of goods to the EU member states, recording a 41.4% decrease compared with the same period of 2019.
Iran’s imports from EU member states declined by 24.8% to €221.5 million during the period under review. Germany accounted for the largest share of exports to Iran, €91.03 million, down 20%, followed by Italy (€31.5 million), the Netherlands (€28.4 million) and France (€14.4 million).
Germany remained the top trading partner of Iran during the period, as the two countries exchanged €108.53 million worth of goods, 24.4% lower than the year before.
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