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FinancialNews
15-09-19
70 percent slump in Iran-U.S. trade
(MENAFN) Bilateral trade between Iran and the United States plunged by 70 percent year-on-year from January to July 2019.
Reports confirmed the value of Iranian-U.S. bilateral trade to have stood at USD49 million during the seven-month period on annual basis.
Iranian imports from the U.S. by July accounted for USD47.8 million, while exports amounted for USD1.2 million.
Trade between the two countries has been experiencing a continuous decline amid escalated tensions and repeated sanctions.
MENAFN1509201900450000ID1099005562
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