Iran's exports to China rose 90%

Feed: 2697 - Date: 4/15/2017 - Views: 721

China's Customs Administration announced that Iran's exports to China has increased 89.7% in the first two months of this year compared with the same period last year.

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According to Mehr News Agency quoting Trend News, China's General Administration of Customs announced that the trade turnover between Iran and China reached 6 billion and 760 million USD in the first two months of 2017. 
However, the statistics available indicate an increase of 52% in the volume of bilateral trade compared the same period of last year which was 3 billion and 800 million USD. 
China's exports to Iran in the first two months of 2017 with 25.6 % increase compared the same period last year has reached 2 billion and 791 million USD, while Iran's exports to China in the same period also jumped to 2 billion and 640 million USD showing a rise of 89.7%. 
Meanwhile, Iran's imports from China in February this year reached 831 million and 200 thousand USD, while Iran's exports to China were recorded one billion and 630 million USD. 
According to the report, the volume of bilateral trade in 2014 was 51 billion USD which had an increase of 31% compared the previous year; this figure was 34 billion USD in 2015 which had a decrease of 34% compared that of 2014.  

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