Iran News ...


06/09/15

US exports to Iran rise sharply

Source: Press TV

Figures published by the US Census Bureau reveal that US exports to Iran in the first four months of 2015 have seen a sharp year-on-year increase.

According to the data, the US exports to Iran between January and April 2015 reached $98.2 million, some 60% higher than the same period in the previous year.

The United States exported $58.7 million during the first four months of 2014.


2015 : U.S. trade in goods with Iran

NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding.

Month Exports Imports Balance
January 2015 13.3 0.0 13.3
February 2015 16.7 0.0 16.7
March 2015 44.2 0.0 44.2
April 2015 24.0 0.0 24.0
TOTAL 2015 98.2 0.0 98.2

2014 : U.S. trade in goods with Iran

NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding.

Month Exports Imports Balance
January 2014 14.4 0.0 14.4
February 2014 11.0 0.0 11.0
March 2014 18.8 0.0 18.8
April 2014 14.5 0.0 14.5
May 2014 11.7 0.0 11.7
June 2014 17.6 0.0 17.6
July 2014 18.7 0.0 18.7
August 2014 18.3 0.0 18.3
September 2014 11.4 0.0 11.4
October 2014 15.5 0.0 15.5
November 2014 16.6 0.0 16.6
December 2014 18.0 0.0 18.0
TOTAL 2014 186.5 0.0 186.5

The figures come against the backdrop of the US-led sanctions against the country over its nuclear program.

The trade ties between the two countries are expected to boom if the sanctions against Tehran are lifted.

Iran and the five permanent members of the UN Security Council-- the US, UK, France, China, Russia, plus Germany have already reached a mutual understanding on the framework of a final nuclear deal.

The two sides are now seeking to finalize a nuclear deal by the end of June.

In recent months, the American entrepreneurs have already started visiting Iran to review the country's lucrative market and investment potentials.

Back in April, a delegation of American businessmen traveled to Iran to explore the avenues for investments after the possible removal of sanctions against the country.

... Payvand News - 03/25/16 ... --



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