Iran Trade With EU Rises by 15% in Seven Months

Iran and the European Union’s 27 member states traded €2.99 billion worth of goods in the first seven months of 2022, registering a 15.43% rise compared with last year's corresponding period. New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged over €1.05 billion worth of goods, 3.84% more than in the similar period of the year before. 

Italy came next with €381.67 million worth of trade with Iran to register a 9.69% year-on-year rise. The Netherlands with €241.36 million (down 9.18%) and Spain with €210.28 million (up 17.89%) were Iran's other major European trade partners. - Financial Tribune