Tehran-Beijing trade reaches $14.6b in 2023: Customs Data
The value of trade exchanges between Iran and China in 2023 topped $14.6 billion, according to China’s Customs Office.
The two countries exchanged $14.65 billion worth of products in 2023, the report stated, adding that the value of the trade exchanges between Iran and China showed a 6.2% decline compared to a year before, IRNA reported.
Iran and China exchanged $15.5 billion worth of products in 2022.
China exported $10.7 billion worth of products to Iran from January to December 2023, indicating an 8.6 percent growth.
According to the report, China had exported $9.27 billion worth of products to Iran from January to December 2022.
China’s import of products from Iran fell from $6.23 billion in 2022 to $4.580 billion in 2023, showing a 27% decline.
The balance of trade exchanges between the two countries reached about $5.5 billion in 2023 in favor of the People’s Republic of China. The value of trade exchanges between Iran and China in December 2023 hit $1.25 billion, showing a 4% growth compared to the previous year’s corresponding period.