5% growth in Iran-Germany trade

5% growth in Iran-Germany trade
  • 2020-12-31
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According to the German Federal Statistical Office, the volume of trade between the country and Iran from January to October 2020 is 5% higher than the same period last year.

According to the International Exhibition of Iranian Stone, according to the German Federal Statistics Office, the volume of trade between this country and Iran from January to October 2020 reached 1456.9 million euros, which is 5% more than the same period last year (1386.4 million euros). 

During this 10-month period, Germany exported 1225.6 million euros to Iran, which shows an increase of one percent compared to the same period last year.

During this period, Iran exported goods worth 231.3 million euros to Germany, an increase of 33% over the previous year.

According to the data, Iran exported food products worth 112.3 million euros to Germany, with edible fruits (excluding oily fruits) accounting for 105.8 million euros.

The trade volume between the two countries in October this year was reported at 137.4 million euros, which is an increase of 1.2% compared to the same month last year.

The value of German exports to Iran this month was 117.3 million euros, an increase of one percent compared to 116.4 million euros last year. Iran also exported goods worth 20.1 million euros to Germany this month, up 4 percent from a year earlier.

* Tasnim