China's imports from Iran increase versus exports


(MENAFN- Trend News Agency ) Baku, Azerbaijan, March 19

By Gazenfer Hamidov – Trend:

Trade turnover between Iran and China stood at $3,849.27 million in January 2018, 16.93 percent more year-on-year.

China's exports to Iran in the 1-month period amounted to $1,749.68 million, 10.3 percent less year-on-year, according to the latest data released by the Chinese Customs Administration.

The country also imported $2,099.59 million worth of goods from Iran in January 2018, 56.4 percent more compared to 2016.

Trade turnover between Iran and China accounted to $37.18 billion in 2017, indicating a 19 percent rise year-on-year.

China's exports to Iran in the 12-month period amounted to $18.599 billion, 13.3 percent more year-on-year.

Meanwhile the country's imports from Iran increased by 25.3 percent in the 12-month to $18.579 billion.

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.

In 2016, trade turnover between Iran and China stood at $31.2 billion, down 7.7 percent from 2015.

Follow Trend on Telegram. Only most interesting and important news

MENAFN1903201801870000ID1096615754


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.