Iran’s exports to U.S. rise 11 fold in10 months

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The value of Iran’s exports to the United States registered an 11-fold increase in the first 10 months of 2022 from the same period in 2021, IRNA reported.

Based on the data released by the United States Census Bureau, the U.S. imported commodities worth $10.9 million from Iran in the first 10 months of this year, while the figure was only $1 million in the same period of time in the past year.

According to the mentioned data, the two countries traded $46.5 million worth of goods during January-October which was 41 percent more than the figure in the first 10 months of 2021 when the trade between the two sides amounted to $33.8 million.

The United States Census Bureau’s data shows that the value of U.S. export to Iran increased eight percent to $35.6 million in the 10-month period of this year, from $32.8 million in the same time span of the previous year.—Tehran Times