Trade between Iran and Germany grew by 4% in 2024, reaching €1.5 billion, following a sharp decline in 2023, when bilateral trade hit its lowest level in 25 years.
Iran’s top export to Germany was food and livestock, which grew by 23% to €107 million. In contrast, exports of non-food, non-fuel raw materials fell by 25% to €60 million.
According to the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), citing data from the German Federal Statistical Office, trade between the two nations rose from €1.45 billion in 2023 to €1.5 billion in 2024. German exports to Iran increased by 6% to €1.28 billion, while Iranian exports to Germany dropped by 8% to €226 million.
In December 2024 alone, bilateral trade amounted to €134 million, reflecting a 1% rise compared to December 2023. German exports for the month stood at €116 million, up 6%, while Iranian exports declined by 26% to €17 million.
Under the Standard International Trade Classification (SITC), Germany’s leading export to Iran in 2024 was automobiles and industrial machinery, valued at €520 million, followed by chemicals and related products at €440 million. Imports of these categories rose by 1% and 14%, respectively, while German food exports to Iran declined by 14%.
