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Tehran-Beijing Trade Reaches $14.6 Billion in 2023: Customs Data

  • January, 23, 2024 - 10:04
  • Economy news
Tehran-Beijing Trade Reaches $14.6 Billion in 2023: Customs Data

TEHRAN (Tasnim) – The value of the trade exchanges between Iran and China in 2023 exceeded $14.6 billion, according to China’s Customs Office.

Economy

According to the report, Iran’s export of products to China in December 2023 registered a 30-percent growth compared to the same period a year earlier.

The two countries exchanged $14.650 billion worth of products in 2023, the report stated, adding that the value of the trade exchanges between Iran and China showed a 6.2% decline compared to a year before. 

Iran and China exchanged $15.5 billion worth of products in 2022.

China exported $10.70 billion worth of products to Iran from January to December 2023, indicating an 8.6 percent growth.

According to the report, China had exported $9.270 billion worth of products to Iran from January to December 2022.

China’s import of products from Iran fell from $6.230 billion in 2022 to $4.580 billion in 2023, showing a 27% decline.

The balance of trade exchanges between the two countries reached about $5.5 billion in 2023 in favor of the People’s Republic of China.

The value of the trade exchanges between Iran and China in December 2023 hit $1.251 billion, showing a 4% growth compared to the previous year’s corresponding period.

 
R1651/P42410
Read more
Iran-China Trade Exceeds $13 Billion in 11-Month Period: Customs Data
Iran-China Trade Tops $10 Billion in 9 Months
Iran-China Trade Exchanges Exceed $8.5 Billion in 7 Months
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