Iran's trade with the United States stood at US $ 20 million in the first five months of the year, more than half of the total, according to Eghtesad Online.
That is down 51.1 percent from the same period in 2019, according to the report. Iran's imports from the United States amounted to $ 17.1 million over the same period.
Iran-US trade volume reached $ 74.5 million in 2019 and registered a decrease of 84.97% compared to the previous year.
In 2018, trade between the two countries has increased by 155% from 2017. However, following the US economic and energy sanctions on Iran at the end of 2018, bilateral trade declined sharply. By: Chhouk Bora