Iran's Non-Oil Trade With Brazil Dips 46%

EghtesadOnline: Iran traded $703.22 million worth of non-oil goods with Brazil during the last Iranian year (ended March 20, 2018) which was 46.73% less compared to the year before, making the South American nation Iran’s 24th biggest trading partner.

News ID: ۷۸۲۶۳۶

19 May 2018

As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 40,432 tons of commodities worth $28.43 million to Brazil last year, posting an 89.83% and 74.58% decrease in tonnage and in value respectively year-on-year.

Exports mainly included non-alloyed metal and steel, floorings and toluene.

Brazil exported 513,572 tons of goods worth $674.79 million to Iran during the period, down 80.34% and 44.15% in tonnage and value respectively YOY, Financial Tribune reported.

Iran mainly imported frozen and boneless beef, field corn and tractor parts from Brazil last year.