Iran-US Trade Up 103% in First Quarter of 2024
TEHRAN (Tasnim) – The US Bureau of Statistics said the value of the country’s trade exchanges with Iran in the first three months of the current year (January to March) reached $27.7 million, showing a 103% hike compared to last year’s corresponding period.
According to the report, the trade exchanges between Iran and the United States were $13.6 million from January to March 2023.
They reached $61.2 million in 2023, showing an eight percent hike compared to a year earlier.
The US export of products to Iran registered a 77% hike in the first quarter of 2024.
The United States had exported over $13.4 million of non-oil products to Iran in the first quarter of 2023.
The US import of products from Iran rose from $0.2 million in the first quarter of 2023 to $3.9 million in the same period of the current year, showing a 20-fold hike, the report added.
