Iran-U.S. trade declines by 70 pct in 7 months

TEHRAN, Sept. 14 (Xinhua) -- Iran's commercial exchanges with the United States saw a 70-percent decline during the first seven months of 2019 compared with last year's corresponding period, Financial Tribune daily reported on Saturday.

During the period, the value of bilateral trade between Iran and the United States reached 49 million U.S. dollars, the report said.

Iran's imports from the United States amounted to 47.8 million dollars from January to the end of July.

Iran exported goods only worth 1.2 million dollars to the United States during the same period.