Trade in goods with USA SITC (Standard International Trade Classification)
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Iran trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.00.00.00.00.0
Import0.00.00.00.00.0
Trade in Goods0.00.00.00.00.0

USA's foreign trade with Iran, exports to Iran and imports from Iran in Juli 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Iran was USA's 185. most important foreign trade partner. Most of the the value of trade consists of USA's exports to Iran. Amounting trade to worth of $2.7 million was 15.1 per cent bigger than in Juli of the previous year. During the month, the balance of trade with Iran was $2.6 million of surplus.

The value of imports from Iran decreased strongly, by 69.0 per cent compared to in Juli of the previous year. The import amounted to $66.4 thousand in Juli 2021. More than half of the value of imports was in Sitc892 (printed matter) representing a share of 63.6 per cent. Other major categories of imports were Sitc522 (inorganic chemical elements, oxides and halogen salts), 21.3 per cent of imports and Sitc659 (floor coverings, etc.) 15.1 %.

The value of exports to Iran were 23.5 percent higher than in Juli of the previous year, thus amounting to $2.7 million. The largest product groups of exports were: Sitc872 (instruments and appliances, n.e.s., for medical, surgical, dental or veterinary purposes), which represented a share of 46.4 per cent of total exports, Sitc899 (miscellaneous manufactured articles, n.e.s.) 12.5 % and Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.) 11.9 % of the exports.

Development during January-Juli 2021

The trade in goods between January and Juli of 2021 was of lesser value than in the corresponding period of the previous year. The value of the trade was $23 million, down 12.8 %. During January-Juli the value of imports was $362.6 thousand. The export value was $22 million. Compared to the corresponding period in 2020, the value of imports decreased by 88.7% and the value of exports by 2.3 %. The largest product group in terms of imports has been Sitc892 (printed matter), worth $165.6 thousand. In export the largest value had Sitc872 (instruments and appliances, n.e.s., for medical, surgical, dental or veterinary purposes), worth being $7.3 million. The trade balance between USA and Iranin between January and Juli was in surplus for USA. The timing surplus was $22 million.


Table: USA's export to Iran (IR) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 0 0.0 0 0.0 0 0.0 1.0 28.9 0 0.0
00. Live animals 0 0.0 0 0.0 0 0.0 1.0 28.9 0 0.0
5. Chemicals and related products,n.e.s. 0.9 18.9 1.5 55.5 1.1 25.5 0.10 27.9 0.6 22.5
54. Medicinal and pharmaceutical products 0.3 4.9 0.9 31.3 0.2 4.2 0.7 18.0 0.4 14.4
59. Chemical materials and products,n.e.s. 0.7 13.8 0.4 13.5 0.9 21.4 0.4 9.4 0.3 8.1
7. Machinery,transport equipment 1.4 30.0 0.4 13.5 0.6 12.1 0.6 16.3 0.1 2.1
77. Electric machinery,n.e.s.and parts 1.4 30.0 0.4 13.5 0.5 11.7 0.6 16.3 0.1 2.1
8. Miscellaneous manufactured articles 2.1 43.8 0.7 24.2 2.7 62.4 0.10 26.9 1.9 70.8
87. Instruments and apparates n.e.s. 1.10 42.1 0.5 18.0 2.6 61.0 0.8 21.4 1.6 58.3
0-9. All groups combined 4.6 100.0 2.7 100.0 4.3 100.0 3.4 100.0 2.7 100.0

Source: US Census Bureau

Table: Import from Iran (IR) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

USA's Trade in Goods Start Page