Decrease in US export rates to Iran

Decrease in US export rates to Iran

US exports to Iran fall: US exports to Iran fell 52 percent to $ 4.9 million in the first month of this year, according to the latest figures released by the US Census Bureau. In the first month of this year, Iran grew by 3% to $ 10.5 million. The trade value of the two countries was announced in January last year at $ 10.2 million.

According to the report, US exports to Iran in January this year decreased by 52% compared to the same period last year. The United States exported $ 10.2 million worth of goods to Iran in January 2016, down from $ 4.9 million in January this year. US imports from Iran in January were $ 5.6 million. US imports from Iran were declared zero in January last year.

Trade between the two countries was reported at $ 292.3 million in 2015, down 11 percent from $ 258.1 million in 2016. US exports to Iran in 2016 fell 38 percent from a year earlier. It faced $ 172.1 million. The United States exported $ 281.5 million worth of goods to Iran in 2015. According to Tasnim, US imports from Iran in 2016 amounted to $ 86 million. This figure is 8 times the US imports from Iran compared to 2015. US imports from Iran in 2015 were reported at $ 10.8 million.