Iran’s Q1-3 trade with EU rises to €3.3 billion

Iran and the 27 member states of the European Union traded €3.34 billion worth of goods during the first nine months of 2021, registering a 1.91% growth compared with last year’s corresponding period.

28 November 2021
ID : 33290
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Iran and the 27 member states of the European Union traded €3.34 billion worth of goods during the first nine months of 2021, registering a 1.91% growth compared with last year's corresponding period.

Bilateral trade grew by 6.39% in September year-on-year to hit €376.05 million.  

Data released by Eurostat's database show Germany was the top trading partner of Iran in the EU, as the two countries exchanged €1.24 billion worth of goods, 5.24% less than the year before. 

Italy came next with €445.77 million worth of trade with Iran. A year-on-year comparison of the trade volume indicates an 11.04% decline. 

The Netherlands with €355.98 million (down 5.86%), Spain with €238.15 million (up 23.81%) and Belgium with €212.41 million (up 35%) were Iran's other major European trade partners.

Romania registered the highest growth of 301.26% in trade with Iran during the nine months under review. Estonia with 232.75% and Croatia with 132.34% came next. 

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.

Organizations in different countries that cooperate with Eurostat are summarized under the concept of European Statistical System.

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