Iran-EU trade surpasses €4.7 bln in 2023: Eurostat

Trade between Iran and the member states of the European Union recorded a decrease of 9% from January to December 2023, according to the latest report published by Eurostat.

During that period, the exchange of products between Iran and the EU member states was valued at €4.732 billion, down from €5.244 billion in the same period in 2022.

According to the statistics, in the same period in 2022, the exchange of products between Iran and the EU member states was valued at €5.244 billion.

Germany emerged as the top trading partner among the European Union member states, accounting for 36% of Iran’s total trade volume with Europe, while Italy, Netherlands, Belgium, and France stood in the next places.

The export of products from the EU to Iran in this period registered a 6% decline compared to the same period in 2022.

The source added that the 27 member states imported €799 million worth of products from Iran, marking a 24% slump compared to the same period last year.

AMK/IRIB4157935