Sat Feb 23, 2019 | 06:38
US exports to Iran plunge by 50%
Sat, 20 Feb 2010 11:13:07 GMT
Font size :
US exports to Iran have plunged by 50 percent after President Barack Obama took office in 2009, a report by US Census Bureau shows.

The figures indicate total US exports to Iran stood at $281.8 million in 2009 from $683.2 million in 2008.

Iran exported $66.7 million of goods to the United States in 2009, which was down from $104.1 million at the end of 2008.

This is while, US exports to Iran increased more than tenfold during George W. Bush's term as president.

US exports to Iran increased from $8.3 million in 2001, Bush's first year in office, to $683.2 million in 2008.

During Bush's term, cigarettes, worth $158 million, were the chief US exports to Iran. Georgia was the top state shipping goods to the Islamic Republic. The southeastern state exported $201 million orth of goods to Iran, $154 million of which were cigarettes.

Other top US exports to Iran during Bush's term included vaccines, serums and blood products, $73 million; corn, $68 million; chemical wood pulp, soda or sulphate, $64 million; soybeans, $43 million; and medical equipment, $27 million, according to the AP's analysis of government trade data compiled by the World Institute for Strategic Economic Research in Holyoke, Mass.

Your Name
Your Comment
Enter the code shown
terms of use

  • last 24 hours
  • last week
  • last month
© 2009 Press TV. All rights reserved.