SIMIC

According to data provided by the General Administration of Customs of the People's Republic of China, Iran's exports to China stood at $3.85 billion during the period under review, indicating a 6.7 per cent year-on-year drop.

In return, China exported $5.95 billion worth of commodities to Iran to register a 61.9 per cent decrease.

Bilateral trade in August stood at $1.14 billion, such that Iran's exports to China accounted for $321.9 million of the sum while imports stood at $826.5 million.

Iran's trade with China in 2019 stood at $23.02 billion to register a decline of 34.3 per cent compared to 2018. It exported $13.43 billion worth of commodities to China last year, 36.3 per cent less than less year. In return, China exported $9.59 billion worth of goods to Iran, down 31.2 per cent.