Baku, Azerbaijan, Aug. 4
By Emil Ilgar– Trend:
Bilateral commodity trade turnover between Iran and US decreased by 41.5 percent to $77.2 million in the first half of 2017, compared to 1H2016, according to the statistics of the United States Census Bureau, published Aug. 4.
Statistics of the Bureau indicate that Iran’s export to US decreased by about 3.9 precent to $35.9 million, while its imports from US decreased by 74 percent to $41.3 million in 1H2017.
During last year, the US exported $172 million worth of goods to Iran, mostly agriculture products and medical equipment, and imported $86 million worth of goods from Iran, mostly pistachios and carpets.
In June, Iran and US had a trade turnover worth $11.2 million, out of which $9.6 million were comprised of US exports to Iran.
During last June, the figure was $15.5 million, of which $6.2 million Iran’s export to US.