MoJNews-According to a new report, Iran-China bilateral trade reached $14.6 billion in 2023. 

According to the report, Iran’s export of products to China in December 2023 registered a 30-percent growth compared to the same period a year earlier.

The two countries exchanged $14.650 billion worth of products in 2023, the report stated, adding that the value of the trade exchanges between Iran and China showed a 6.2% decline compared to a year before. 

Iran and China exchanged $15.5 billion worth of products in 2022.

China exported $10.70 billion worth of products to Iran from January to December 2023, indicating an 8.6 percent growth.

According to the report, China exported $9.270 billion worth of products to Iran from January to December 2022.

China’s import of products from Iran fell from $6.230 billion in 2022 to $4.580 billion in 2023, showing a 27% decline.

The balance of trade exchanges between the two countries reached about $5.5 billion in 2023 in favor of the People’s Republic of China.

The value of the trade exchanges between Iran and China in December 2023 hit $1.251 billion, showing a 4% growth compared to the previous year’s corresponding period.