Iran Officially Adopts a Single Exchange Rate System
06.01.202620% Decline in Trade Between Iran and Germany
From January to November 2025, Iran and Germany recorded total merchandise trade of EUR 1.089 billion, marking a 20% decrease compared to the same period last year.
According to data released by the German Federal Statistical Office, bilateral trade between Iran and Germany in the first eleven months of 2025 amounted to nearly EUR 1.1 billion, down 20% year on year. Of this total, EUR 873 million accounted for German exports to Iran, representing a 25% decline compared to the previous year. In contrast, Iranian exports to Germany increased by nearly 4%, rising from EUR 208 million in 2024 to EUR 217 million in 2025.
In November 2025 alone, bilateral trade reached EUR 96 million, about 23% lower than in November 2024. German exports fell from EUR 101 million to EUR 79 million (down 22%), while Iranian exports declined from EUR 23 million to EUR 17 million (down 28%).
Chemical products topped Germany’s exports to Iran, totaling EUR 345 million. This product group, which accounts for 40% of Germany’s exports to Iran, recorded a 12% decrease compared to last year. Meanwhile, food products and livestock remained Iran’s largest export category to Germany at EUR 114 million, showing a 16% increase compared to 2024.