Iran’s trade with its leading commercial partner, China, reached $5.03 billion in the first four months of 2022, registering a 16% growth compared with the year before.
A very large Iranian crude carrier is set to discharge 2 million barrels into an oil terminal in China this week after Western media reports claimed that Beijing might be replacing Iran’s barrels with cheaper Russian shipments.
Iran’s trade with its leading commercial partner, China, reached $3.86 billion in the first three months of 2022, registering an 18.2% growth compared with the year before.
The Iranian customs office (IRICA) says China bought nearly 30% of all Iranian exports in the year to late March as the East Asian country continued to defy US pressure and deepened its trade ties with the Islamic Republic.
The value of non-oil trade between Iran and China reached $3.85 billion in the first three months of 2022 to register an 18-percent rise year on year, according to the data released by China’s customs administration.
Trade between Iran and China in 2021 hovered around $14.8 billion, of which $6.5 billion accounted for the latter’s imports from Iran.
Managing-General of Iran Airports Company Siavash Mokri says Iran has engaged in talks with China and Russia for constructing new airports in the country.
Iran and China announced the implementation of a long-term cooperation agreement aimed at strengthening their economic and political ties.
Chairman of Iran-China Joint Chamber of Commerce Majid Reza Hariri said that Iran has lost its place as China’s leading trade partner in the Middle East under the effect of sanctions over the past 10 years.
Iran’s commercial exchanges with its leading trade partner, China, reached $13.13 billion from January 2021 till the end of November, registering a 3% decline compared with the corresponding period of 2020.