Iran traded 379,218 tons of non-oil goods worth $409.74 million with Latin American countries during the first seven months of the current fiscal year (March 21-Oct. 22), latest data released by the Islamic Republic of Iran Customs Administration show.
Iran exported goods to only 11 Latin American countries and imported from 10 of 33 Latin American countries during the period.
Trade with Brazil stood at 316,004 tons worth over $300.21 million, for the Latin American country to top the list of Iran’s partners in the region. It was followed by Argentina with 44,052 tons worth $82.67 million and Cuba with 164 kilograms worth $11.74 million.
Iran’s exports totaled 113,734 tons worth $61.22 million during the period under review.
Brazil topped the list of export destinations among Latin American states with 97,151 tons worth $49.57 million. It was followed by Venezuela with 15,884 tons worth $10.41 million and Chile with 188 tons worth $550,496.
Imports, which stood at 265,483 tons worth $348.51 million during the period under review, mainly came from Brazil and amounted to 218,852 tons worth $250.64 million, Argentina with 44,004 tons worth $82.52 million and Cuba with 164 kilograms worth $11.74 million.
Iran traded 1.73 million tons of non-oil goods worth $1.25 billion with Latin American countries in the fiscal 2021-22.
Trade with Brazil stood at 1.36 million tons worth $737.77 million.
Latin America is a group of 20 countries and 13 dependencies in the Western Hemisphere where Spanish, French and Portuguese languages are predominantly spoken. The region covers an area stretching from the northern border of Mexico to the southern tip of South America, including the Caribbean.