EghtesadOnline: Iran traded $703.22 million worth of non-oil goods with Brazil during the last Iranian year (ended March 20, 2018) which was 46.73% less compared to the year before, making the South American nation Iran’s 24th biggest trading partner.
As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 40,432 tons of commodities worth $28.43 million to Brazil last year, posting an 89.83% and 74.58% decrease in tonnage and in value respectively year-on-year.
Exports mainly included non-alloyed metal and steel, floorings and toluene.
Brazil exported 513,572 tons of goods worth $674.79 million to Iran during the period, down 80.34% and 44.15% in tonnage and value respectively YOY, Financial Tribune reported.
Iran mainly imported frozen and boneless beef, field corn and tractor parts from Brazil last year.