Iran’s commercial exchanges with its leading trade partner, China, reached $13.34 billion during the first 10 months of 2022, registering a 14.8% rise compared with the corresponding period of the year before.
Latest data released by China’s General Administration of Customs show Iran’s exports totaled $5.72 billion during the period, indicating a 9.1% year-on-year increase.
In return, China exported $7.61 billion worth of goods to Iran, registering a 19.5% YOY rise.
Bilateral trade hit $1.03 billion in October 2022 with Iran’s exports at $364.87 million and imports at $673.61 million.
According to China’s General Administration of Customs, Iran’s trade with China in 2021 stood at $14.78 billion, registering a 1% decrease compared with the year before.
Iran’s exports totaled $6.5 billion last year, indicating a 0.9% year-on-year increase, while China exported $8.28 billion worth of commodities to Iran, registering a 2.5% YOY decrease.