A recent report by China’s General Administration of Customs suggests that the volume of trade between Iran and China in the first five months of 2022 stood at $6.472 billion.

Iran PressIran news: The figure shows an 18% increase compared to $5.481 billion of bilateral trade between the two countries in last year’s corresponding period.

China’s imports from Iran stood at $3.192 billion in the period under review, registering a 26% increase compared to last year when the country took delivery of $2.535 billion of Iranian products.

China has also exported some $3.280 billion in commodities to Iran during the five months. The figure shows an 11% increase compared to the country’s $2.946 billion exports to Iran last year.  

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.

207

Read more:

Iran seeks to boost business ties with Oman, Qatar, China and Russia

Iranian, Chinese FMs hold telephone consultations