Iran-China trade exceeds $5.6 billion in 6 months
Iran's commercial exchanges with its leading trade partner, China, reached $6.5 billion during the first sixth months of 2023, according to China’s General Administration of Customs.
MEHR: Iran's commercial exchanges with its leading trade partner, China, reached $6.5 billion during the first sixth months of 2023, according to China’s General Administration of Customs.
Latest data released by China’s General Administration of Customs show Iran’s exports totaled $1.9 million during the period, indicating a 68% year-on-year decrease.
In return, China exported $4.6 billion worth of goods to Iran, registering a 40% YOY rise.
Bilateral trade hit $1.27 billion in May 2023 with Iran’s exports at $377 million and imports at $893 million which shows a %46 decrease in export and a $20 increase in imports compared to the corresponding period.
