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Iran’s exports to China up by 58%

Business Materials 1 July 2017 11:31 (UTC +04:00)

Baku, Azerbaijan, July 1

By Fatih Karimov – Trend:

The trade turnover between Iran and China stood at $15.2 billion in first five months of 2017, according to the latest statistics released by the Chinese Customs Administration.

The figure indicates a rise by 41 percent in comparison with the first five months of 2016.

China's exports to Iran in the 5-month period amounted to $7.2 billion, 25 percent more, year-on-year.

The country also imported $8 billion worth of goods from Iran in that period, 58 percent more compared to the 5-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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