In February 2024, the foreign trade statistics of Iran and Germany were published, showing a 23% decline in the volume of transactions between the two countries in 2023 compared to the previous year.
Trade between Iran and the EU-27 from January to November 2023 reflects both challenges and positive developments: from a 12 percent decline in trade volume in the first eleven months of 2023 to a 6 percent increase in November 2023.
While German exports fell by five percent in November 2023 compared to the same month last year, German exports to Iran rose by 1.6 percent in the same month.