Iran's Trade With China Declines to $11.6 Billion in Ten Months

Iran’s commercial exchanges with its leading trading partner, China, reached $11.62 billion in the first 10 months of 2021, registering a 6.5% 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 $5.24 billion during the period, indicating a 0.8% increase year-on-year.
In return, China exported $6.38 billion worth of commodities to Iran, indicating an 11.7% YOY decrease.
Bilateral trade stood at $1.2 billion in October 2021.