Iran's Transactions With China Decline

Iran’s commercial exchanges with its leading trading partner, China, stood at $4.32 billion in the first four months of 2021, registering a 17.6% decline compared with the corresponding period of 2020, the lowest in the past five years. 
As per the data provided by the General Administration of Customs of the People’s Republic of China show, Iran’s exports to China totaled $1.97 billion, indicating a 15.6% decrease year-on-year.
In return, China exported $2.35 billion worth of commodities to Iran, indicating a 19.1% decrease compared with the same period of last year.
The decline in Iran-China trade is mainly due to the outbreak of the new coronavirus, but the two sides are taking measures to boost their trade turnover to its pre-coronavirus levels.
Trade between the two countries stood at $1.06 million in April 2021, 24.03% less than the $1.32 billion notched in April 2020.