China / Iran

Overview In October 2024, China exported $622M and imported $402M from Iran, resulting in a positive trade balance of $220M. Between October 2023 and October 2024 the exports of China have decreased by $-169M (-21.4%) from $792M to $622M, while imports decreased by $-55.9M (-12.2%) from $458M to $402M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Zhejiang Province ($189M), Shanghai Province ($81.6M), Guangdong Province ($80.3M), Jiangsu Province ($79.2M), and Anhui Province ($67M), while imports destinations were mainly Anhui Province ($104M), Shanghai Province ($99.8M), Zhejiang Province ($89.3M), Jiangsu Province ($26M), and Tianjin ($21.2M).

Growth In October 2024, the decrease in China's year-by-year exports to Iran was explained primarily by an decrease in product exports in Transmissions ($-18M or -76.3%), Other Plastic Products ($-16.5M or -57.9%), and Electric Motors ($-6.68M or -40.1%). In October 2024, the decrease in China's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Acyclic Alcohols ($-93.5M or -73.3%), Ethylene Polymers ($-74M or -37.5%), and Other Nuts ($-30.6M or -88.7%).