Trade between Iran and the EU increased by 30% year-on-year in February: Eurostat :: nournews

According to the latest figures from Eurostat, the trade volume between Iran and the EU amounted to €358 million in February 2023, which increased to €468 last February.

The 27-member bloc’s exports to Iran amounted to 392 million euros in February, up 32% year-on-year. While EU imports from the Islamic Republic amounted to 76 million euros in February, an increase of 24% year on year.

Among European Union member states, Germany, Romania and France were the top exporters of goods to Iran as their exports grew by 46%, 37% and 22% respectively in February 2024 compared to the same month last year.

Meanwhile, Italian imports from Iran increased by 96% and amounted to €26.1 million in February, compared to €13.3 million last year.