Iran, EU trade at €1.05 billion in Q1 2021

Iran’s trade with 27 members of the European Union (EU) reached €1.05 billion worth of goods and commodities in the first quarter of 2021, to post a 3.15% decline compared with the previous year’s corresponding period.

23 May 2021
ID : 32890
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Iran’s trade with 27 members of the European Union (EU) reached €1.05 billion worth of goods and commodities in the first quarter of 2021, to post a 3.15% decline compared with the previous year’s corresponding period.

Shahid Rajaee Port in Iranian southern city of Bandar Abbas.

Iran’s trade with 27 members of the European Union (EU) reached €1.05 billion worth of goods and commodities in the first quarter of 2021, to post a 3.15% decline compared with the previous year's corresponding period.

Germany remained the top trading partner of Iran during the first quarter, as the two countries exchanged €416.8 million worth of goods, 11% less than the year before. 

Italy came next with €147 million worth of trade with Iran. A year-on-year comparison of the figures indicates 12.8% decline in trade between Iran and Italy. 

The Netherlands with €129.3 million (up 56.8%), Spain with €72 million (up 12%) and France with €54.1 million (down 3%) were Iran's other major European trading partners.

The Czech Republic registered the highest growth of 152.4% in trade with Iran during the three months. Romania with 133% and Croatia with 115% came next.

France and the Netherlands recorded the highest jump among Iran's major trade partners in Europe, during the month of March, with 83.1% and 30.07%, respectively. 

Eurostat is a directorate of the European Commission located in Luxembourg. Its main responsibilities are to provide statistical information to EU institutions and promote the harmonization of statistical methods across its member states and candidates for accession.

 

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