Trade between Iran and 27 EU member states (without the United Kingdom) during January-April stood at 1.47 billion Euro to register a 2.5 percent decline compared with last year’s corresponding period, according to the latest data by Eurostat, the statistical office of the European Union.

4,7% increase in Iranian exports

Iran exported 245.5 million Euro worth of commodities to the EU member countries in the first four months of 2020, indicating a 4.73 percent rise. The exported goods to the EU mainly included fruits and nuts (32 percent); mineral fuels, mineral oils and “products of their distillation” (20 percent).

Most of the Iranian exports to the European Union in the first four months in 2020, almost 30 percent, went to Germany (77 million Euro), followed by the Netherlands (47 million Euro), Italy (40 million Euro) and Spain (24 million Euro).

45 percent of Exports from Germany

The EU member countries exported goods worth 1,229 million Euro to Iran, 3.82 percent less than the same period in 2019.

45 percent of the EU exports to Iran came from Germany, which delivered goods worth 555 million Euro, with an increase of 31 percent compared to last year. Germany remains the most important european trade partner of Iran with an increase by 25 percent in trade volume woth 632 million Euro.

Second biggest European exporter to Iran was Italy, with 13 percent of the EU exports worth 166 million Euro (-22 percent), followed by the Netherlands (106 million Euro) and France (71 million Euro).

More than half of the exports from Europe to Iran mainly included machinery and mechanical appliances, as well as parts thereof worth 257.77 million Euro (20 percent); cereals worth 233.66 million Euro (19 percent); pharmaceutical products worth €147.51 million (11 percent).