The president of the Islamic Republic of Iran Customs Administration (IRICA) put the non-oil trade exchanges between Iran and China in the first three months of the current Iranian calendar year (March 21 to June 22, 2023) at $7.8 billion.

While describing the $30 billion trade exchanges between Iran and China last year (ended March 20, 2023), Mohammad Rezvanifar said that Iran exported $3.5 billion worth of non-oil goods to China from March 21 to June 22, 2023.

In this period, Iran imported $4.3 billion worth of products from China, he added.

Speaking in an interview with Fars news agency, Rezvanifar stated that Iran exported 35.5 million tons of non-oil goods, valued at $12.5 billion, in the first quarter of the current Iranian calendar year.

Iran�s import of products in the first three months of the current Persian calendar year registered a 1 and 5.9 percent growth in weight and value respectively, the IRICA chief noted.

Iran imported 8.6 million tons of goods, valued at $14 billion, from March 21 to June 22, 2023, he continued.

Rezvanifar went on to say that Iran�s non-oil trade in the first quarter of the current Iranian calendar year registered a 24.42 percent growth in terms of weight and an 8.84 percent decline in terms of value compared to the same period last year.

In this period, five countries, namely China, Iraq, Turkey, the United Arab Emirates (UAE) and India were Iran�s top export target markets, he added.

Under the 25-Year Iran-China Partnership Cooperation Contract, China should be one of the important trade partners of the Islamic Republic of Iran. China is regarded as one of the important customers of Iranian oil and gas condensates and Iran plays an important role in the transit of goods from China and India to the European countries.

By Tasnim