The value of trade between Iran and the European Union (EU)’s member states reached €2.313 billion in the first six months of 2023, according to the data released by the European Union’s statistics office Eurostat.
Based on the Eurostat data, the trade between the two sides fell 10 percent in the said six months in comparison to the previous year’s same period when the figure stood at €2.584 billion.
According to Eurostat, Germany accounted for one-third of the Iran-EU total trade in the first half of 2023. The total trade between Iran and Germany reached €695 million in this period, indicating a decrease of 25 percent compared to the same period last year.—Tehran Times
