Iran exported non-oil commodities valued at $4.644 billion to China during the first four months of the current Iranian calendar year (March 21-July 22), the Islamic Republic of Iran Customs Administration (IRICA) announced.
As reported, China was the top export destination of Iranian non-oil goods in the mentioned four-month period.
The IRICA also announced that exporting non-oil goods worth $5.558 billion to Iran, China was Iran’s second source of import in the first four months of this year.
According to the data released by China’s customs administration, the Islamic Republic and China traded $15.795 billion worth of commodities in 2022, $1.035 billion more than the figure for 2021.
As reported, China's exports to Iran grew by 14 percent in the period under review compared to the preceding year to reach $9.44 billion. The Asian country exported $8.258 billion worth of goods to Iran in 2021.
The value of Iran’s non-oil exports to China, however, registered a two-percent decrease in 2022, reaching $6.355 billion. Iran exported $6.502 billion worth of goods to China in 2021.
Iran's share of China's total global trade last year was only 0.25 percent. China’s trade with the world reached $6.308 trillion in 2022, of which $3.593 trillion was the share of the country's exports and $2.715 trillion was related to imports. China's global trade grew by 4.4 percent last year.
Majidreza Hariri, the head of Iran-China Joint Chamber of Commerce, said early in April that nearly a third of Iran’s exports of non-oil products are destined for China.