Iran-China Trade Exceeds $4 Billion in Q1 2023

Iran’s commercial exchanges with its leading trade partner, China, reached $4.04 billion during the first three months of 2023, registering a 5.1% increase compared with the corresponding period of the year before.
Latest data released by China’s General Administration of Customs show Iran’s exports totaled $1.13 billion during the period, indicating a 41.3% year-on-year decrease.
In return, China exported $2.91 billion worth of goods to Iran, registering a 51.9% YOY rise. 
Bilateral trade hit $1.94 billion in March 2023 with Iran’s exports at $445.22 million and imports at $1.49 billion.