Jun 21, 2023, 9:16 AM

Iran-China trade exceeds $5.6 billion in 6 months

Iran-China trade exceeds $5.6 billion in 6 months

TEHRAN, Jun. 21 (MNA) – 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.

AMK/IRN85146753

News ID 202283

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