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Exports Germany to Iran increase on sanctions easing

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German exports to Iran jumped 30 percent last year to 2.4 billion euros, data from the Federal Statistics Office showed. Western sanctions were eased as progress was made in talks on the country’s nuclear programme.

Germany is traditionally Iran’s biggest trading partner in Europe. The main increases in exports were due to sales of machinery, agricultural and pharmaceutical products, the Office said.

At the beginning of 2014, some of the sanctions were eased, so insurance for ship transport and the export of car and aircraft parts were allowed.

If Iran agrees a nuclear deal with western nations, the potential for German exports is great.