China alone accounted for about 30% of Iran’s total foreign trade during the first eight months of the current Iranian year (March 21-Nov. 21).
Iran and China traded 23.03 million tons of goods worth $20.2 billion during the period, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
Iran’s exports to China reached 20.27 million tons worth $10.4 billion, registering a 1.06% and 1.2% rise in weight and value respectively, compared with the corresponding period of last year, Morteza Emadi also told IRIB News.
The exports mainly included petrochemical products, nuts, leather, saffron and alloys, he added.
Imports from China stood at 2.75 million tons worth $9.8 billion during the same period with industrial equipment, home appliances, X-ray machine parts, paper, cardboard and dental units being the main imports, he added.
Iran’s total trade during the period stood at 93.8 million tons worth $69.48 billion to register a 10% rise in term of value compared with the corresponding period of last year, Emadi had said earlier.
Exports hit 70.4 million tons worth $32.36 billion during the period, registering a 16% decline in terms of weight, but a 4.44% rise in value.
Liquefied propane, methanol, liquefied butane, polyethylene, petroleum bitumen, urea, liquefied natural gas, iron and steel ingots, and light oils were the main goods exported during the period.
China was the biggest export destination followed by Iraq, the UAE, Turkey and India in the descending order.
Total imports stood at 23.4 million worth $37.11 billion during the period, registering a 12.44% fall in terms of weight, but a 15.25% rise in value.
Corn, rice, wheat, soybeans, sunflower oil, cellphones, flour and unrefined sugar were the main imported products.
The UAE, China, Turkey, India and Germany were the top five exporters to Iran during the period in a descending order.