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Iran’s exports to US soar

Business Materials 13 September 2016 12:38 (UTC +04:00)

Baku, Azerbaijan, Sept. 13

By Emil Ilgar – Trend:

Iran has exported $41.7 1 million worth of products to the US in Jan-July 2016, while the export amount of the same period in 2015 was about zero, according to a report from the US Census Bureau.

Iran’s export to US stood at $4.8 million in July, while the country's imports from US increased by 54 percent, to $25.9 million.

Despite an increase in July statistics, the US decreased commodity exports to Iran from $157.5 million in seven months of 2015 to $97.7 million during the same period in 2016.

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