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PRODID:-//DIIHK//Events//FA
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BEGIN:VEVENT
UID:event-1011@diihk.com
DTSTAMP:20260901T111942Z
DTSTART:20241222T120621Z
DTEND:20241222T120621Z
SUMMARY:Germany's Exports to Iran Cross One Billion Euros in 2024 Trade Su
 rge
DESCRIPTION:Germany's Exports to Iran Cross One Billion Euros in 2024 Trad
 e Surge		\n		Germany’s exports to Iran exceeded one billion euros in th
 e first ten months of 2024\, with total bilateral trade reaching 1.24 bil
 lion euros\, a 4% increase compared to the same period in 2023.\nAccordin
 g to data from the Federal Statistical Office of Germany\, between Januar
 y and October 2024\, Germany exported 1.06 billion euros worth of goods t
 o Iran\, marking a 7% rise. In contrast\, Iran’s exports to Germany tot
 aled 185 million euros\, a 9% decline year-on-year.\n&nbsp\;\nHowever\, t
 rade activity in October 2024 painted a different picture\, with the mont
 hly trade volume falling by 19% compared to October 2023. Trade dropped f
 rom 113 million euros to 92 million euros during this period. German expo
 rts decreased by 25%\, totaling 77 million euros\, while Iran’s exports
  grew by 29% to reach 15 million euros.\n&nbsp\;\nAn analysis based on th
 e Standard International Trade Classification (SITC) shows Germany’s ma
 in exports to Iran include machinery and transport equipment (up 7%) and 
 chemicals and related products (up 9%). Iran’s primary exports to Germa
 ny were food and live animals (up 25%)\, following by crude materials\, i
 nedible\, except fuels declined by 25%.\n					\n									Full details of 
 Iran and Germany trade - January to Oktober  2024\n					
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