While China has been Germany's most important trading partner for eight years in a row, the United States became Germany's most important trading partner in the first quarter of this year with 63 billion Euros.
Germany’s gross domestic product in the 1st quarter of 2024 up 0.2% on the previous quarter. The latest figures give some hope that Germany may be escaping the economic doldrums.
The Next Generation Organization of the European Union (NGEU) has allocated 117 billion euros for digital transformation, with Italy leading the way with 42 billion euros, Spain with 19 billion euros and Germany with 12 billion euros.
The visit of the president, vice president and CEO of the German Iranian chamber of Industry and Commerce of the Khorramshahr Chamber of Chamber of Commerce, Industries, Mines and Agriculture.
Although the trend of Iranian exports to Germany is still negative, the 46% increase in German exports to Iran in February 2024 has led to a 15% increase in trade volume between the two countries in the first two months of 2024 compared to the same period last year.
New rules for automotive cybersecurity will come into effect in Europe this summer. The tougher electronic safety requirements are forcing several car manufacturers to streamline their offerings.
In the first month of 2024, the volume of trade between Iran and the European Union reached 380 million euros, a decrease of 10% compared to January 2023. 32% of Iran's total trade with Europe is with Germany.
A look at the statistics for German exports to Iran shows that, following the fluctuations of the last two years, German exports to Iran have stabilized in recent months.