Iran’s trade with its leading commercial partner, China, stood at $8.2 billion in the first half of 2022, registering a 22.9% 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 $4.08 billion during the period, indicating a 30.9% year-on-year increase.
In return, China exported $4.18 billion worth of goods to Iran, registering a 16% YOY rise.
Bilateral trade hit $1.8 billion in June 2022 with Iran’s exports at $888.68 million and imports at $906.85 million.
According to China’s General Administration of Customs, in 2021, Iran’s trade with China 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. In return, China exported $8.28 billion worth of commodities to Iran, registering a 2.5% YOY decrease.