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IranGermany trade reaches 137b in 11 months

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Iran-Germany trade reaches €1.37b in 11 months​

TEHRAN – Trade between Iran and Germany totaled €1.37 billion from January to November 2024, marking a four percent increase compared to the same period in the previous year, according to data from Germany’s Federal Statistical Office.

Iran-Germany trade reaches €1.37b in 11 months

In the first 11 months of 2024, German exports to Iran amounted to €1.16 billion, a six percent rise from €1.09 billion during the same period in 2023.

However, Iranian exports to Germany declined by six percent, reaching €208 million compared to €222 million in the previous year.

In November 2024 alone, the trade volume between the two countries reached €124 million, up two percent from €122 million in November 2023.

German exports to Iran in November fell by one percent to €101 million, while Iranian exports to Germany grew by 17 percent to €23 million—the highest monthly export figure from Iran to Germany since March 2023 (€32 million).

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source: tehrantimes.com