Iran-China seven-month trade surpasses $8.5b
Trade between Iran and China in the first seven months of the current year reached $8.54 billion, with China’s export of products to Iran accounting for $6 billion of it, China’s Customs Office reported.
Iran and China exchanged over $9.6 billion worth of products from January to July 2022, the report added, according to Tasnim news agency.
In the first seven months of 2023, China imported $2.54 billion worth of products from Iran, registering a 43 percent drop compared to last year’s corresponding period.
But China’s export of products to Iran in the first seven months of the current year reached $6 billion, showing a 17 percent growth compared to the same period last year.
China had exported $5.13 billion worth of products to Iran from January to July 2022. According to the report, the trade balance of the two countries in the period reached $3.46 billion in favor of China.