Export trade in China China overtook the United States as the world’s largest trading nation in 2013, when China’s export value of goods hit a record high of roughly two trillion U.S. dollars. The shipment, involving 40,000 test kits manufactured by an Iranian knowledge-based company, was exported from Tehran’s Imam Khomeini International Airport on Tuesday morning. A consignment of 40,000 Iranian-made diagnostic test kits for the novel coronavirus disease has been shipped to Germany on Tuesday. Also, Germany has had one of the most stable export shares to Iran during the last five years. Iran announced the export of its first batch of domestically produced coronavirus diagnostic tests to Germany, saying it is receiving similar orders from other nations plagued by the pandemic. Germany’s exports to Iran vary from medical and pharmaceutical products to machinery and equipment. Sitemap But other countries, including EU member states, have so … Business ties between Germany and Iran have been growing, and that’s likely to continue. As the world's number-one exporter, Germany has little need of Iran, which represented less than half of one per cent of all German exports in 2013. However, the Association of German Chambers of Industry and Commerce (DIHK) and the Federation of German Industries (BDI) expect exports to fall by 15 percent for the year as a whole. Exports in Iran averaged 17956.95 USD Million from 1974 until 2020, reaching an all time high of 38751 USD Million in the second quarter of 2011 and a record low of 3112 USD Million in the first quarter of 1999. Exports in Germany Germany is a top exporter for vehicles and cars parts, machinery, pharmaceuticals, industrial oils and alcohols. The U.S. unilaterally withdrew from JCPOA in May 2018, when it reimposed sanctions on Iran’s oil export sector. Webpage under construction. High local inflation resulted in a steep depreciation of the Iranian Rial. Germany: Record growth in exports In June, exports rose sharply by 14.9 percent compared with the previous month. The vice president for science and technology says Iran is to export diagnostic kits that it has indigenously produced for identification of the new coronavirus patients to Germany and Turkey. Iran said it has sent a plane to Germany carrying about 40,000 locally produced test kits that detect coronavirus antibodies. Exports in Iran decreased to 12705 USD Million in the first quarter of 2020 from 15592 USD Million in the fourth quarter of 2019. Webpage under construction’ Country Brief. Iran says it is exporting coronavirus diagnostic kits. The first place in Germany’s exports is occupied by cars that represent 11% of Germany’s total exports , followed by vehicle spare parts with 4% of the exports .
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