Iran records €550m surplus in €18.3b trade with EU in 2018

Financial Tribune – Italy, with more than €2.92 billion worth of purchases, was Iran’s main export destination, while Germany with €2.7 billion was the biggest exporter to Iran

A total of €18.39 billion worth of commodities were traded between Iran and the European Union member states in 2018, registering a 12.2% decline compared with the value of commercial exchanges in the previous year, the latest Eurostat data published on its website show.

Eurostat (European Statistical Office) is a directorate of the European Commission located in Luxembourg. Its main responsibilities are to provide statistical information to European Union institutions and to promote the harmonization of statistical methods across its member states and candidates for accession as well as EFTA countries. Organizations in different countries that cooperate with Eurostat are grouped under the European Statistical System.