Domestic Economy

Iran-US Trade Exceeded $16 Million in Five Months

Iran’s commercial transactions with the US amounted to $16.6 million during the first five months of 2021 to register a 17.5% decline compared with the corresponding period of 2020.
Despite the decline in five-month trade, bilateral exchanges in May 2021 amounted to $4.2 million, up 50% compared with $2.8 million in May 2020. 
Latest data released by the US Census Bureau show Iran exported $0.2 million worth of goods to the US in the five months, indicating a 93.2% year-on-year fall.
Imports from the US stood at $16.4 million during the same period, down 4.7% from $17.2 million during the last fiscal year.


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