Saturday 7 January 2023

Iran exports to United States increase 10-fold

According to the data released by the US Census Bureau, the value of Iran exports to the United States registered a 10-fold increase in the first 11 months of 2022 from the same period in 2021.

As reported by IRNA, the United States imported commodities worth US$11 million from Iran in the first 11 months of year 2022, while the figure was only US$1.1 million in the same period in year 2021.

According to the data, the two countries traded US$51.3 million worth of goods during January-November which was 38% more than the figure in the first 11 months of 2021 when the trade between the two sides amounted to US$37.2 million.

The United States Census Bureau’s data shows that the value of US export to Iran also increased 11% to US$40.3 million in the 11-month period of this year, from US$36.8 million in the same time span of the previous year.

As previously reported by the bureau, the value of Iran’s exports to the United States increased by 11 folds in the first 10 months of 2022 from the same period in 2021.

The US imported commodities worth US$10.9 million from Iran in the first 10 months of this year, while the figure was only US$1 million in the same period of time in the past year.

The two countries traded US$46.5 million worth of goods during January-October which was 41% more than the figure in the first 10-months of 2021 when the trade between the two sides amounted to US$33.8 million.

The United States Census Bureau’s data shows that the value of US export to Iran increased eight percent to US$35.6 million in the 10-month period of this year, from US$32.8 million in the same time span of the previous year.

 

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