China / Iran

Overview In February 2024, China exported $774M and imported $413M from Iran, resulting in a positive trade balance of $361M. Between February 2023 and February 2024 the exports of China have increased by $285M (58.2%) from $489M to $774M, while imports increased by $60.6M (17.2%) from $352M to $413M.

Trade In February 2024, the top exports of China to Iran were Motor vehicles; parts and accessories (8701... ($114M), Vehicle Bodies (including cabs) for the... ($63.2M), Engine Parts ($17.7M), Light Fixtures ($15.9M), and Spark-Ignition Engines ($15.8M). In February 2024 the top imports of China from Iran were Ethylene Polymers ($123M), Iron Ore ($51.5M), Acyclic Alcohols ($34M), Refined Copper ($32.5M), and Raw Aluminium ($26.2M).

Origins In February 2024 the exports of China were mainly from Anhui Province ($273M), Zhejiang Province ($168M), Guangdong Province ($81.8M), Shanghai Province ($61.8M), and Jiangsu Province ($45.5M), while imports destinations were mainly Shanghai Province ($118M), Zhejiang Province ($75.6M), Anhui Province ($73.9M), Jiangsu Province ($64.7M), and Shandong Province ($30.5M).

Growth In February 2024, the increase in China's year-by-year exports to Iran was explained primarily by an increase in product exports in Vehicle Bodies (including cabs) for the... ($34M or 116%), Motor vehicles; parts and accessories (8701... ($28.2M or 32.9%), and Ball Bearings ($6.55M or 97.7%). In February 2024, the increase in China's year-by-year imports  from Iran was explained primarily by an increase in product imports  in Iron Ore ($45.1M or 710%), Sulphur ($15.3M or 255%), and Non-fillet Frozen Fish ($3.44M or 113%).