Iran-China Trade Down 36.5% in 10 Months

Iran’s commercial exchanges with top trading partner China stood at $12.41 billion during the first 10 months of 2020 to register a 36.5% decline compared with the corresponding period of 2019.
As data provided by China’s General Administration of Customs show, Iran’s exports to China totaled $5.17 billion, indicating a 56% year-on-year decrease.
In return, China exported $7.24 billion worth of commodities to Iran during the 10 months, indicating a 7.3% decrease compared with the same period of last year.