TEHRAN - The U.S. Bureau of Statistics, in its latest report, pointed to a 240 percent growth in the trade exchanges between Iran and the United States in January 2024.

Iran and the U.S. exchange of trade in 2023 had been reported to be $3.1 million, and the figure reached $10.6 million in January 2024, rising more than threefold.

The United States exported over $7.2 million of products to Iran in January, showing a 130 percent hike compared to the same period last year.

According to the report, the U.S. had exported $3.1 million worth of products to Iran in January 2023.

The U.S. import of products from Iran hit $3.4 million in January 2024, registering a 100 percent rise compared to last year’s corresponding period.

Iran ranked 148th among the U.S. export target markets in January 2024, the report added.

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