Iran’s Q3 Exports to EU Rise 51% YOY
Iran and 27 members of the European Union traded €1.06 billion worth of goods during the third quarter of 2020, to post a 21% decline compared with the previous year’s corresponding period.
Figures extracted from Eurostat’s database show Iran exported €206.4 million worth of goods to the union’s member states, recording a 51.2% increase compared with third quarter of 2019.
Germany remained the top destination for Iranian goods during the three-month period, importing €72.2 million worth of goods from Iran, 67.8% higher year-on-year.
The Netherlands came next with €54.4 million worth of imports. A year-on-year comparison of the figures indicates that Iran’s exports to Netherlands grew by more than 1,065% during the third quarter of the year.
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