Eurostat: EU27-Iran foreign trade in January to March 2024 generated 1,279 million Euro (+8%). The 27 EU countries exported goods worth € 1,062 million Euro (+11%) to Iran and imported goods worth 217 million Euro (-3%). Germany was the most important EU trade partner of Iran, with a trade volume of 402 million Euro, followed by Italy (190 million Euro), the Netherlands (154 million Euro) and Romania (125 million Euro).
The European Union (EU27) export of goods to Iran in the first three month of the year 2024 stood at 1,062 million Euro, an increase of 11% compared to January till March 2023. According to the latest data by Eurostat, the statistical office of the European Union, 32% of the EU exports to Iran came from Germany that delivered goods worth 344 million Euro, that was 19% more than in the first Quarter of the year 2023. Second (13%) were the Netherlands with exports worth 138 million Euro (-7%) followed by Italy (131 million Euro, -6%) and Romania (115 million Euro, +117%).
From January to March 2024 the 27 EU countries imported goods worth 217 million Euro from Iran (-3%). Most of the Iranian exports to the European Union (27%) went to Italy, which imported goods worth 59 million Euro from Iran (+37%), followed by Germany (58 million Euro, -33%) and Spain (22 million Euro, -4%).