EU’s bilateral trade with Iran

Europe moved swiftly to revive economic relations with Iran after a deal to dismantle the country’s nuclear weapons programme was verified in January 2016, ending years of crippling international sanctions


           2015                2017

Italy    €1,665 million    €5,103 million
France      593             3,795
Germany   2,366             3,337
Spain       384             1,967
Netherlands 507             1,830
Greece       36             1,297
Belgium     505               735
Romania     193               482
Sweden      282               460
Austria     300               418
Denmark     170               314
UK          155               286

     
Trade in 2015 €7,722 million

Trade in 2017 €20,966 million
    
Total U.S. imports to, and exports from Iran in 2017   $170 million

Rest of EU
566
942
       
   
  Sources: Eurostat, European Commission    © GRAPHIC NEWS