Trade With China Tops $9 Billion in 8 Months

Iran’s commercial exchanges with its leading trading partner, China, stood at $9.33 billion in the first eight months of 2021, registering a 4.8% decline compared with the corresponding period of 2020.
Latest data released by the General Administration of Customs of the People’s Republic of China show Iran’s exports to China totaled $4.34 billion during the period, indicating a 12.2% increase year-on-year.
In return, China exported $4.99 billion worth of commodities to Iran, indicating a 16% YOY decrease. 
Bilateral trade stood at $1.46 billion in August.
Iran’s exports to China stood at $714.53 million during the eighth month of the year while imports hit $741.85 million.