Iran’s Q1 trade with Latin American states at $55 million

Iran traded 17,703 tons of non-oil goods worth $55.76 million with Latin American countries in the first quarter of the current fiscal year (March 21-June 21), latest data released by the Islamic Republic of Iran Customs Administration show.

22 August 2022
ID : 33980
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Iran traded 17,703 tons of non-oil goods worth $55.76 million with Latin American countries in the first quarter of the current fiscal year (March 21-June 21), latest data released by the Islamic Republic of Iran Customs Administration show.

The country exported goods to only nine Latin American countries and imported from only six of 33 Latin American countries during the period.

Trade with Brazil stood at 16,899 tons worth $41.6 million, for the Latin American country to top the list of Iran’s partners in the region. It was followed by Cuba with 140 kilograms worth $11.57 million and Venezuela with 213 tons worth $1.49 million.

Iran’s exports totaled 833 tons worth $2.84 million during the period under review.

Venezuela topped the list of export destinations among Latin American nations with 213 tons worth $1.49 million. It was followed by Brazil with 263 tons worth $814,299 and Chile with 82 tons worth $338,972.

Imports, which stood at 16,870 tons worth $52.92 million during the period under review, mainly came from Brazil with 16,636 tons worth $40.79 million, Cuba with 140 kg worth 11.57 million and Mexico with 112 tons worth $220,172 worth of goods.

Iran-Latin America trade stood at 1.73 million tons worth $1.25 billion in the fiscal 2021-22.

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