Iran’s exports to US fall by 79%
Trend:
Mutual trade turnover between Iran and the US stood at $159.7 million during the first ten months of 2017, 23 percent less compared to the same period of the preceding year.
The US exports to Iran reached $109.8 million in the 10-month period, which is 18 percent less year-on-year, according to the statistics of the United States Census Bureau.
Iran’s export to US decreased by about 3 percent (to $49.9 million) in the same time span, according to the report.
In October, Iran and the US had a trade turnover worth $19.8 million, $16.6 million of which accounted for US exports to Iran.
During last October, the figure was $52.7 million, $15.2 million of which accounted for Iran’s export to US.
Iran’s exports to the US registered a fall by 79 percent in October year on year, meanwhile the country’s imports from the United States decreased by 56 percent.
During the last year, the US exported $172 million worth of goods to Iran, mostly agriculture products and medical equipment, and imported $87.7 million worth of goods from Iran, mostly pistachios and carpets.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!