Iran's Non-Oil Trade With China Tops $1b in 1 Month
EghtesadOnline: Iran traded 3.11 million tons worth $1.14 billion with China during the first Iranian month (March 21-April 20) to register a 61.88% growth in tonnage and a 15.27% decline in value compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
Iran’s exports to China stood at 2.93 million tons worth $711.19 million to register a 69.91% increase in tonnage and a 2.27% decrease in value year-on-year. China was Iran’s top export destination in the world.
Iran exported liquefied propane, methanol and film grade polyethylene to China during the month.
The country exported 177,510 tons of commodities worth $434.01 million to Iran, down by 9.12% and 30.44% in tonnage and value respectively YOY. It was the top exporter of goods to Iran during the month under review, Financial Tribune reported.
Iran mainly imported auto parts, graphite electrodes, chemicals, pipes, coal and coke from China.