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Iran exported €736.14 million worth of commodities to the EU from January to October 2021, indicating a 21.63% growth, while imports grew by 2% to €3.09 billion

Iran and the 27 member states of the European Union traded €3.38 billion worth of goods from the beginning of 2021 till October end, registering a 5.27% growth compared with last year’s corresponding period.

Bilateral trade grew by 35.16% in October to hit €460.07 million.

Data released by Eurostat’s database show Germany was the top trading partner of Iran in the EU region during the 10-month period, as the two countries exchanged €1.39 billion worth of goods, 3.89% less than the year before.

Italy came next with €499.747 million worth of trade with Iran. A year-on-year comparison of trade volume indicates a 10.69% decline.

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