Iran's Non-Oil Trade With Latam State Tops $500 Million

Iran traded 800,221 tons of non-oil commodities worth $533.78 million with Latin American countries during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 37.29% rise in tonnage and a 2.05% fall in value compared with last year’s corresponding period.
Latin America consists of 13 dependencies and 20 countries that stretch from the northern border of Mexico to the southern tip of South America, including the Caribbean. It has an area of approximately 19,197,000 square kilometers, constituting 13% of the Earth's land surface area. Its residents mainly speak Spanish, French and Portuguese.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports to the Latam countries totaled 41,738 tons worth $22.3 million during the period, indicating a 65.42% and 33.02% decline in tonnage and value respectively year-on-year.