Figures published by the US Census Bureau reveal that US exports to Iran in the first four months of 2015 have seen a sharp year-on-year increase.

According to the data, the US exports to Iran between January and April 2015 reached $98.2 million, some 60% higher than the same period in the previous year.

The United States exported $58.7 million during the first four months of 2014.

The figures come against the backdrop of the US-led sanctions against the country over its nuclear program.

The trade ties between the two countries are expected to boom if the sanctions against Tehran are lifted.

Iran and the five permanent members of the UN Security Council-- the US, UK, France, China, Russia, plus Germany have already reached a mutual understanding on the framework of a final nuclear deal.

The two sides are now seeking to finalize a nuclear deal by the end of June.

In recent months, the American entrepreneurs have already started visiting Iran to review the country’s lucrative market and investment potentials.

Back in April, a delegation of American businessmen traveled to Iran to explore the avenues for investments after the possible removal of sanctions against the country.

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