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Iran-China trade turnover increases by 49%

Business Materials 27 May 2017 14:22 (UTC +04:00)

Baku, Azerbaijan, May 27

By Fatih Karimov – Trend:

Trade turnover between Iran and China stood at $12.1 billion in first four months of 2017, according to the latest statistics released by the Chinese Customs Administration.

China's exports to Iran in the 4-month period amounted to $5.7 billion, 30 percent more, year-on-year.

The country also imported $6.4 billion worth of goods from Iran in that period, 70 percent more compared to the 4-month period of 2016.

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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