TEHRAN (Iran News) In 2023, the trade volume stood at €1.45 billion. This year, Germany’s exports to Iran increased by 6%, totaling €1.28 billion, while Iran’s exports to Germany saw an 8% decline, amounting to €226 million.

A closer look at December 2024 figures reveals that bilateral trade reached €134 million, marking a modest 1% increase compared to December 2023. Germany’s exports for the month rose by 6% to €116 million, whereas Iran’s exports dropped sharply by 26%, totaling €17 million.

According to the Standard International Trade Classification (SITC), Germany’s top exports to Iran in 2024 were vehicles and industrial machinery (SITC-7), valued at €520 million, followed by chemicals and related materials (SITC-5) at €440 million. Imports of these categories to Iran grew by 1% and 14%, respectively. However, Germany’s food exports to Iran declined by 14%.

On the other hand, Iran’s leading export to Germany in 2024 was food and live animals (SITC-0), valued at €107 million, reflecting a significant 23% increase from the previous year. Meanwhile, Iran’s exports of inedible raw materials (excluding fuels, SITC-2) fell by 25%, reaching €60 million.

The data highlights a mixed but recovering trade relationship between the two countries, with Iran’s food exports showing strong growth despite an overall decline in its exports to Germany.

The post Iran’s Food Exports to Germany Surge by 23% in 2024 appeared first on Iran News Daily.