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Threefold Rise in Iran’s Non-Oil Exports to the Americas

Threefold Rise in Iran’s Non-Oil Exports to the Americas

Iran traded 203,123 tons of non-oil commodities worth $53.99 million with the Americas during the first Iranian month (March 21-April 20) to register an 86.25% growth in tonnage and 41.04% decline in value compared with last year’s same month.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 197,762 tons worth $32.87 million during the month to April 20, indicating a 1,614% and 331% increase in tonnage and value respectively year-on-year.

Imports stood at 5,361 tons worth $21.11 million, down 94.5% and 74.86% in tonnage and value respectively YOY.

The Americas are the landmasses of North America and South America, at times collectively considered a single continent. The 35 sovereign states in the Americas make up most of the land on Earth’s western hemisphere.