The most important commercial partner of Iran in Europe is Italy, followed by Turkey, that will keep its position due to a 2.25 Billion Euro deal signed last year. Germany ranks third, it might, however, be the secret European champion, conducting more and more of its commerce via third party countries.
| Rank | Country | Business Volume |
| 1 | Italy | 6048 M |
| 2 | Turkey | 5200 M |
| 3 | Germany | 4096 M |
| 4 | France | 3947 M |
| 5 | Netherlands | 2339 M |
| 6 | Greece | 1999 M |
| 7 | Spain | 1955 M |
| 8 | Russia | 1413 M |
| 9 | Austria | 567 M |
| 10 | Romania | 543 M |
| 11 | Switzerland | 488 M |
| 12 | Sweden | 358 M |
| 13 | Portugal | 272 M |
| 14 | Poland | 85 M |
| 15 | Czech Republic | 28 M |
| 16 | Croatia | 5 M |
| The information on the European - Iranian trade volume for 2007 is in Euro. | ||