Nine-Month Trade With China Declines 6.9% YOY to $10.4b

Iran’s commercial exchanges with its leading trading partner, China, stood at $10.43 billion in the first nine months of 2021, registering a 6.9% decline compared with the corresponding period of 2020.
Latest data released by China’s General Administration of Customs show Iran’s exports to China totaled $4.82 billion during the period, indicating a 4.9% increase year-on-year.
In return, China exported $5.61 billion worth of commodities to Iran, indicating a 15.1% YOY decrease. 
Bilateral trade stood at $1.09 billion in September 2021.
Iran’s exports to China stood at $473.4 million during the month while imports from China amounted to $618.49 million in September 2021.