Iran-China 11-month trade at $13.4b
The Chinese Customs announced that trade exchanges between Iran and China stood at more than $13 billion from January to November 2023, adding that the country’s import of products from Iran in November 2023 registered a 24 percent growth compared to the same period last year.
The trade exchanges between the two countries in the 11 months of 2023 was $13.4 billion, registering a seven percent reduction compared to last year’s corresponding period, reported Tasnim news agency.
The two countries’ trade surpassed $14.4 billion from January to November 2022.
China imported $4.2 billion worth of products from Iran between January and November 2023, showing a 30-percent slump compared to the same period last year. China had imported more than $6 billion worth of products from Iran between January and November 2022. Crude oil was the main product imported by China from Iran in this period.
China exported $9.2 billion worth of products to Iran from January to November 2023, showing a nine percent growth compared to last year’s corresponding period.
China had exported $8.4 billion worth of goods to Iran from January to November 2022.
According to the figures, China imported $405 million worth of products from Iran in November 2023, showing a 24 percent increase compared to November 2022.