Growth in Iran's Non-Oil Trade With China

EghtesadOnline: Iran traded 10,231 tons of non-oil commodities worth $6.93 billion with China during the first four months of the current fiscal year (March 21-July 22), registering an 11.61% decrease in tonnage and 9.57% increase in value compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s statistics indicate.

News ID: ۷۸۳۵۳۲

04 August 2018

Iran’s exports to China stood at 9.04 million tons worth $3.04 billion, down 12.07% in tonnage and up 7.73% in value year-on-year.

China was Iran’s biggest export destination during the period. Main commodities exported by Iran included ethylene glycol, liquefied propane and methanol to China during the four-month period.

China exported 1.19 million tons of goods worth $3.89 billion to Iran, down 7.93% in tonnage and up 11.05% in value respectively YOY, Financial Tribune reported.

The country was the major exporter of goods to Iran over the four months.

The imports mainly included auto parts, casting machinery and computer networking devices. China is Iran’s biggest trading partner.