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VERSION:2.0
PRODID:-//DIIHK//Events//FA
CALSCALE:GREGORIAN
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BEGIN:VEVENT
UID:event-1006@diihk.com
DTSTAMP:20260901T115254Z
DTSTART:20250119T121329Z
DTEND:20250119T121329Z
SUMMARY:20% Increase in Food Exports from Iran to Europe
DESCRIPTION:20% Increase in Food Exports from Iran to Europe				\n		From J
 anuary to November 2024\, the trade volume between Iran and the European 
 Union amounted to €4.15 billion\, a 3% decrease compared to the same pe
 riod in the previous year. Despite this decline\, Iran's exports grew by 
 5%.\nAccording to Eurostat\, the trade volume between Iran and the EU in 
 the first eleven months of 2024 stood at €4.15 billion\, a 3% decrease 
 compared to the same period in 2023. Of this amount\, €3.37 billion was
  accounted for by EU exports to Iran (down 4%)\, while Iran’s exports r
 eached €773 million (up 5%).\nIn November 2024\, trade volume between I
 ran and Europe totaled €377 million\, marking a 19% decrease compared t
 o the same month in 2023 (€467 million). EU exports to Iran stood at 
 €299 million\, a 22% drop from November 2023 (€383 million). Converse
 ly\, Iran's exports to Europe reached €78 million\, experiencing a 7% g
 rowth compared to the same month in the previous year (€84 million).\nT
 he largest export group from Iran to the EU (based on SITC standards) was
  Food and Live Animals\, valued at €270 million (up 20%). Meanwhile\, t
 he EU’s largest export group to Iran was Machinery and Transport Equipm
 ent\, valued at €1.18 billion (down 7%). Germany continues to be Iran
 ’s top trade partner in Europe\, followed by Italy\, the Netherlands\, 
 and Belgium.\n					\n									Full details of Iran and EU-27 trade - Janu
 ary to November 2024\n					
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