China Re-emerges as the First Destination Country for Iranian Non-Oil Exports

According to data released by Iranian Customs on Wednesday, three months later, China overtook Iraq to become the first destination country for Iranian non-oil exports and consolidated its export status to Iran, the Iranian Financial Tribune reported on January 30. In the first ten months of the Iraqi calendar (March 21, 2018 – January 20, 2019), Iran’s non-oil exports to China amounted to $7.52 billion, an increase of 5.24% over the same period last year, accounting for 20.7% of Iran’s non-oil exports. Iraq followed, with Iran exporting $7.51 billion in non-oil commodities to Iraq in the first 10 months of the Iraqi calendar. In the first ten months of the Iraqi calendar, Iran’s top five import countries were China ($8.9 billion), the United Arab Emirates ($5.45 billion), Turkey ($2.03 billion), Germany ($2.01 billion) and India ($1.92 billion).

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