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PRODID:-//DIIHK//Events//FA
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UID:event-1023@diihk.com
DTSTAMP:20260901T115325Z
DTSTART:20240926T121018Z
DTEND:20240926T121018Z
SUMMARY:Three Percent Growth in Trade Between Iran and the EU-27
DESCRIPTION:Three Percent Growth in Trade Between Iran and the EU-27		\n		
 While the current trade volume between Iran and Europe remains significan
 tly lower than pre-sanction levels\, there has been notable improvement c
 ompared to last year. Trade relations between Iran and the EU-27 are grad
 ually experiencing more favorable conditions.\nAccording to Eurostat\, tr
 ade between Iran and the EU-27 in the first seven months of 2024 reached 
 €2.77 billion\, reflecting a 3% increase compared to the same period in
  2023. During this time\, European exports grew by 2%\, rising from €2.
 21 billion to €2.26 billion. Similarly\, Iran’s exports to the EU-27 
 increased by 5%\, from €482 million to €504 million.\nIn July 2024 al
 one\, the trade volume between Iran and the EU-27 amounted to €397 mill
 ion\, marking a 7% growth. European exports accounted for €324 million 
 (+5%)\, while Iran’s exports surged by 28% to €73 million.\nGermany a
 ccounts for 31% of the total trade between Iran and the EU-27\, with a tr
 ade volume of €880 million. Italy follows with 16%\, and the Netherland
 s with 13%\, solidifying their positions as Iran's key trading partners i
 n Europe.\n			\n									Full details of Iran and EU-27 trade - January t
 o July 2024\n					
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