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Iran-China trade turnover hits $9B in 1Q17

Business Materials 30 April 2017 11:12 (UTC +04:00)

Baku, Azerbaijan, Apr. 30

By Fatih Karimov – Trend:

Trade turnover between Iran and China stood at $9.01 billion in first three months of 2017, according to the latest statistics released by the Chinese Customs Administration.

China's exports to Iran in the 3-month period amounted to $4.158 billion, 32.9 percent more, year-on-year.

The country also imported $4.85 billion worth of goods from Iran in that period, 85.9 percent more compared to the 3-month period of 2016.

Iran’s imports from China reached $1.365 million in April 2017, meanwhile exports to the Asian country amounted to $1.881 billion

The trade turnover between the two countries was $51 billion in 2014, 31 percent more compared to the preceding year.

The figure stood at $34 billion in 2015, indicating a 34-percent plunge.

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