Iran Trade with Latin America Jumps Over 200%. Brazil Is Number 1 Partner

Brazilian exports With Brazil as its first partner in the region Iran had a threefold increase in its trade with Latin America and Argentina has become its second partner in the region (replacing Mexico) according to Latin Business Chronicle based on data form the International Monetary Fund.

Brazil remains Iran's main trading partner in the region and the main exporter but Ecuador has replaced Peru as the main importer of Iranian produce to the region says the report.

Iran-Latin American trade soared 209% in 2008, totaling 2.9 billion US dollars with a surplus of 2.5 billion for the region.

Bilateral trade with Brazil reached US$ 1.26 billion in 2008, up 88% from 2007, based on IMF data. However during the recent visit of President Mahmoud Ahmadinejad, last week, Brazilian sources said trade in 2007 had been US$ 2 billion.

Neither Brazil nor Iran has published statistics on their bilateral trade according to Latin Business Chronicle.

Trade with Argentina totaled US 1.2 billion in 2008, a dramatic increase compared to the US$ 30 million of 2007.

Trade is overwhelmingly favorable for Argentine exports and has advanced in spite of the diplomatic rift between the two countries following Argentina's claim that Iran was behind the terrorist bombing of a Jewish institution in Buenos Aires back in 1994 which killed dozens and injured hundreds.

With Ecuador trade also zoomed to US$ 168 million in 2008 from a mere 6 million the year before. Trade is dominated by Iranian imports to Ecuador.

In spite of the excellent political and diplomatic ties between Venezuela and Iran, bilateral trade is minimum: US$ 52 million in 2008, up 31% from the previous year. Thus Venezuela figures as Iran's fifth trade partner in the region.

Other significant Iranian trade partners in the region are Mexico, Peru, Chile and Uruguay. Since the Iranian revolution Uruguay has become a strong supplier of rice, wool, and skins and on occasion beef.

Mercopress

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  • Show Comments (9)

  • dnbaiacu

    Hilarious! LOL….
    At the above πŸ˜€ πŸ˜€
    [quote]13Γ€β€šΓ‚Β But wicked men and impostors will advance from bad to worse, misleading and being misled. 2 Timothy 3:13
    [/quote]

    Joao , they won’t quit. πŸ˜‰ The haters just love.. Such a thin line.

    Im going to have to find that thread you are talking about with Lula and Angela. ;

  • dnbaiacu

    Joao
    Good call Joao πŸ˜‰

    Haters don’t know our secret code πŸ˜‰ πŸ˜‰ πŸ˜‰

    Im getting tired of this site to be honest. I think I have better things to do than spending the whole day on this. I should get a life πŸ˜‰

  • João da Silva

    dnbaiacu
    [quote]You know that wasn’t me above. The haters are back. [/quote]

    It was easy to make out it wasn’t you, because he didn’t use the code. πŸ˜€

  • dnbaiacu

    Joao
    You know that wasn’t me above. πŸ˜‰
    The haters are back.

  • dnbaiacu

    Joao
    I don’t give a shit if I disappointed you.. I couldn’t care any less.

  • João da Silva

    dnbaiacu
    [quote]When will people get it……?????[/quote]

    When they learn to connect dots and commas. πŸ˜‰ πŸ˜€ BTW, I was expecting you to comment on the “encounter” between Lula & Angela Merckel. BUT…BUT…. you disappointed me. πŸ˜₯

  • dnbaiacu

    When will people get it……?????
    Iran is on the same team as G-20. Only the public is being bamboozled. The President of Iran is part of the bigger scheme of things to “neutralize” the “enemy”. FOLLOW THE MONEY πŸ˜‰ In this case it makes it pretty obvious. The Iranian pres is just a puppet also for the New World Order..

  • bo

    Zico
    [quote]Gee, I wonder why Lula kisses their asses? Morals aren’t cheap, and not having any (as in the case of Brazil) is lucrative, if you don’t mind doing business with oppressors.[/quote]

    You mean just like hypocrite Americans who sold thousands of weapons to Iraq and Saddam Hussein for years and then after selling those weapons decided to attack them ? . Iraq invaded neiboghboring countries with Made in America weapons and fought against Americans using their own weapons..

    American is the biggest nation without morals, and as mentioned above, they are pretty stupid too…

  • Zico

    Surprise
    Gee, I wonder why Lula kisses their asses? Morals aren’t cheap, and not having any (as in the case of Brazil) is lucrative, if you don’t mind doing business with oppressors.

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