27 / July / 2019 11:59

Decline in Iran's Trade With Brazil

EghtesadOnline: Iran traded 200,905 tons of non-oil goods worth $46.34 million with Brazil during the first Iranian month (March 21-April 20) to register a 127% growth in tonnage and a 29.14% decrease in value compared with last year’s corresponding month, latest data released by the Islamic Republic of Iran Customs Administration show.

News ID: 747984

Brazil was Iran's 17th biggest trading partner during the month.

Iran’s exports to Brazil stood at 197,427 tons worth $32.28 million to register a 198,024% and 28,622% hike in tonnage and value respectively year-on-year. 

Brazil was Iran’s 11th export destination in the world, according to Financial Tribune.

Iran exported urea and raisins to Brazil during the period.

Brazil exported 3,478 tons of commodities worth $14.05 million to Iran, down by 96.06% and 78.47% in tonnage and value respectively YOY. It was the 18th exporter of goods to Iran during the period.

Iran mainly imported orange juice, yarn and citrus fruits from Brazil.

 

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