TEHRAN- The value of Iran's export to the United States increased by nine-fold in 2022, IRNA reported citing the current data launched by the American Statistical Association (ASA).
According to the ASA data, the Islamic Republic exported $11.2 million worth of goods to the United States in the past year, registering a nine-fold increase compared to 2021.
Iran exported commodities valued at only $1.2 million to the United States in 2021.
The worth of trade in between Iran and the United States increased to $56.7 million in 2022, 40 percent more than the figure for the previous year, based upon the ASA data.According to the discussed information, the trade in between the two nations stood at $40.5 million in 2021.
The ASA data shows that the value of United States export to Iran also increased 16 percent to $45.5 million in the January-December 2022 period, from $39.3 million in the previous year.Iran was ranked 175th among United States export destinations in 2021 and 172nd among the nations leading import sources.EF/ MA