That doesn't mean, however, that a U.S. ban on Iranian imports would have reduced Iran's oil revenues very much.
November 12: Carter orders cessation of Iranian imports to U.S.
German exports to Iran last year exceeded $2 billion and Iranian imports by Germany, mostly oil, were valued at $890 million.
Valued at $404 million, West German imports amounted to nearly one fifth of total Iranian imports.
In 1991, Iranian imports of American goods totaled $527 million, a nearly ninefold increase from just two years before.
However, due to the United States inflicting sanctions on Iran, Iranian imports were banned from the country.
The House proposal also includes a provision directing the President to negotiate with America's allies to get them to join in the ban on Iranian imports.
The 2006 Israel-Hezbollah War exposed the world to the amount of weapons in Hezbollah possession said to be Iranian imports.
China is now responsible for about 9.5% of all Iranian imports.
President Reagan announced a ban today on all Iranian imports and tighter restrictions on American exports to Iran.