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.
From October 2023 to January 2024, the volume of German exports to Iran was around 100 million euros and there was no significant change due to sudden events. Also, this number is close to the average of German exports in the last 12 months (99.3 million euros) and shows that Germany’s exports to Iran are in stable situation. Iran’s average export in the last 12 months was 18.75 million euros.
In the first month of 2024, the volume of trade between Iran and Germany reached 121 million euros, which has decreased by six percent compared to the same period last year (128.6 million euros). Germany’s exports to Iran in January 2024 have decreased by one percent compared to January last year; From 100.7 million euros to 99.9 million euros. On the other hand, Iran has exported 21.2 million euros to Germany, which has decreased by 24% compared to January 2023.
At the beginning of 2024, Machinery and transport equipment are still the largest group of goods exported from Germany to Iran, and food and live animal are the most exported goods from Iran to Germany.