The trade exchanges between Iran and EU’s member states from January to June 2023 registered a 10 percent decline compared to the last year’s corresponding period.
Iran and EU member states had exchanged €2.584 billion in the first half of 2022.
According to this report, EU export of non-oil products to Iran was down from €2.31 billion in the first six months of 2022 to €1.894 billion in the same period this year.
Among EU member states, Germany, Italy and the Netherlands accounted for most of the export of products to Iran from January to June 2023.
EU import of products from Iran from January to June 2023 reached €419 million, showing a 24 percent decline compared to the same period of last year.
EU member states had imported €553 million worth of non-oil products from Iran from January to June 2022.