Iran traded 7.38 million tons of non-oil commodities worth $5.18 billion with China during the first three months of the current fiscal year (March 21-June 21), registering a 12.04% decline in tonnage and 10.93% growth in value compared with last year’s corresponding period. The above data were culled by Financial Tribune from the Islamic Republic of Iran Customs Administration’s latest statistics. Iran’s exports to China stood at 6.49 million tons worth $2.24 billion, down 12.83% in tonnage and up 6.08% in value year-on-year. Iran mainly exported ethylene glycol, liquefied propane, methanol and polyethylene terephthalate to China during the three-month period. China exported 886,613 tons of goods worth $2.93 billion to Iran, down 5.79% in tonnage and up 14.95% in value respectively YOY. The imports mainly included auto parts, casting machinery and computer networking devices.
