EghtesadOnline: Iran’s commercial exchanges with the US stood at $10.5 million during the first two months of 2020 to register a 22.09% rise compared with last year’s corresponding period.
Latest data released by the US Census Bureau show Iran exported $2.8 million worth of goods to the US during the period to register a 1,300% year-on-year hike, Financial Tribune reported.
Imports from the US stood at $7.7 million, down by 8.33% YOY.
Iran-US trade totaled $74.5 million in 2019, registering an 84.97% decline compared to the year before.
Iran exported $1.4 million (down by 98% YOY) and imported $73.1 million worth of goods in return (down by 82.83% YOY) last year.