Germany shipments to Iran in 11 months at €1.3b
Germany shipments to Iran in 11 months at €1.3b

TEHRAN (Iran News) – Germany shipments to Iran during the first 11 months of 2019 amounted to around €1.3 billion ($1.44 billion), preliminary data from the Statistics Office showed on Friday. Germany shipments primarily deliver machines, chemical products, food, and pharmaceutical products to Iran, reported Reuters. German imports from Iran reached some €191 million during […]

TEHRAN (Iran News) – Germany shipments to Iran during the first 11 months of 2019 amounted to around €1.3 billion ($1.44 billion), preliminary data from the Statistics Office showed on Friday.

Germany shipments primarily deliver machines, chemical products, food, and pharmaceutical products to Iran, reported Reuters.

German imports from Iran reached some €191 million during the 11-month period.

Reuters said Friday that a ship was due to load about 50,000 tons of wheat in Germany for Iran within days. Traders say wheat shipments to Iran are also expected from the Baltic region.

A forum entitled “Iran-Germany Commercial Relations: Situation and Prospects” was held in Tehran back in October.

Deputy German Ambassador to Iran Oliver Schnakenberg, CEO of German-Iranian Chamber of Commerce and Industry (AHK) Dagmar von Bohnstein, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari, and head of AHK in Iran Abbasali Qassaei were among participants at the event.

The two sides explored ways of overcoming these barriers and put forward solutions to ease economic interactions, especially under the current sanctions regime imposed by the United States against Iran.

In 2017, the figure indicated growth of 14.89 percent in terms of value compared to the amount for the same period of the preceding year, the Iranian Customs Administration announced.

  • source : Iran Daily, Irannews