Iran's Trade With EU Rises by 15% to €2.9 Billion in Seven Months

EghtesadOnline: Iran exported €639.45 million worth of goods to the EU in the first seven months of 2022, indicating a 34.18% year-on-year rise, while imports from the EU grew by 11.21% to €2.35 billion.

News ID: ۷۵۱۹۰۴

20 September 2022

Iran and the European Union’s 27 member states traded €2.99 billion worth of goods in the first seven months of 2022, registering a 15.43% rise compared with last year's corresponding period.

New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged over €1.05 billion worth of goods, 3.84% more than in the similar period of the year before.

Italy came next with €381.67 million worth of trade with Iran to register a 9.69% year-on-year rise.

The Netherlands with €241.36 million (down 9.18%) and Spain with €210.28 million (up 17.89%) were Iran's other major European trade partners.