Iran-China Trade tops $24bn in 8 Months

Trade between Iran and China during the first eight months of the current year rose to more than $24 billion, the East Asian country’s customs data showed.

Trade between the two countries in the first eight months of 2016 had stood at $19.5 billion, according to the data.

In the first eight months of 2016, China had imported $9.3 billion worth of goods from Iran.

The value of Chinese imports from the Islamic Republic increased by 30 percent in the same period this year, reaching $12.13 billion.

China remains Iran’s top trade partner.

The value of trade transactions between Tehran and Beijing stood at some $52 billion in 2014.

(Source: Tasnim, under Creative Commons licence)

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