German exports to Iran roughly halved in the first 11 months of 2019 compared with the same period in the previous year due to U.S. sanctions, preliminary data from the Statistics Office showed on Friday, APA reports citing Reuters.
Between January and November 2019 German shipments to Iran fell by 48.2% to around 1.3 billion euros ($1.44 billion), the data showed. Germany primarily delivers machines, chemical products, food and pharmaceutical products to Iran.
German imports from Iran dropped by 54.7% to around 191 million euros in the same period.
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