Exports to LatAm States Up 56%

Iran’s exports to Latin American states grew 56% during the first eight months of the current fiscal year (started March 20), even though imports fell by 45%. 
As per the latest data released by the Islamic Republic of Iran Customs Administration, $169 million worth of non-oil goods were shipped from Iran to the 20 Latin American states. 
Venezuela was the main destination for Iranian non-oil products during the period under review. The country imported $111.9 million worth of goods from Iran to register a considerable growth compared with the previous year’s $10 million.
Brazil was the second largest destination for Iranian goods. Iran’s exports to Brazil amounted to $55 million during the eight-month period, posting a 47% decline compared with the same period of last year. 
Mexico and Argentina came next, importing $883,400 and $550,600 worth of non-oil Iranian products.