China is Iran's largest trading partner, accounting for a substantial portion of its total international trade.
China's robust economic relationship with Iran positions it as the dominant partner in terms of overall trade volume. This partnership is crucial for Iran's economy, encompassing significant exports and imports that collectively make China the top country in Iran's trade portfolio.
Understanding Iran's Key Trading Relationships
An analysis of recent trade figures reveals the extent of China's lead over other nations. The total trade value between Iran and China significantly surpasses that with other major partners, reflecting deep economic ties.
Here's a breakdown of Iran's top trading partners by overall trade value:
| Market | Trade (US$ Million) | Partner Share (%) |
|---|---|---|
| China | 20,025 | 29.77 |
| Other Asia, nes | 10,925 | 16.24 |
| Iraq | 8,915 | 13.25 |
| Turkey | 6,081 | 9.04 |
As the table illustrates, China alone represents nearly 30% of Iran's total reported trade, making its economic influence undeniable. This strong partnership highlights China's pivotal role in Iran's global trade activities.
