Iran\u2019s trade with the US stood at $30 million from January to August 2020 to register a more than 50% decline compared with the corresponding period of 2019.<\/p>\n
Latest data released by the US Census Bureau show Iran exported $3.3 million worth of goods to the US during the seven-month period, indicating a 153.8% year-on-year rise.<\/p>\n
Imports from the US stood at $26.9 million during the same period, down 55.6% YOY.<\/p>\n
Bilateral trade in August stood at $4 million, down 56.5% YOY.<\/p>\n
Iran\u2019s exports to the US in August stood at $100,000 (no significant YOY change), while its imports hit $3.9 million, indicating a 57% YOY decrease.<\/p>\n
Iran-US trade hit $74.5 million in 2019 to register an 84.97% decline compared to the year before.<\/p>\n
Iran exported $1.4 million worth of goods to the US last year, down by 98% YOY.<\/p>\n
Imports from the US totaled $73.1 million in 2019, down by 82.83% YOY.<\/p>\n
In 2018, the value of trade between the two countries increased by 155% compared to 2017, after the reimposition of US sanctions on Iran. However, it has been falling drastically ever since.<\/p>\n","protected":false},"excerpt":{"rendered":"
Iran\u2019s trade with the US stood at $30 million from January to August 2020 to register a more than 50% decline compared with the corresponding period of 2019. Latest data released by the US Census Bureau show Iran exported $3.3 million worth of goods to the US during the seven-month period, indicating a 153.8% year-on-year […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[118,797,1093,1069,966,28,639,178,56,84,1338,27,638],"yoast_head":"\n