Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian media: Israeli occupation forces storm the Old City in the center of Nablus, occupied West Bank
Local sources to Al Mayadeen: Sudanese army forces drones strike town of Kabkabiya, North Darfur.
Syrian Observatory: The plane is loaded with air defense systems and heavy weapons as part of US troop reinforcements to its bases in northeastern Syria
Syrian Observatory: US cargo plane lands with two military helicopters at Kharab al-Jir base in the countryside of Rmeilan, north of Hasakah
Miguel Díaz-Canel to Gustavo Petro: US seeks to reimpose the Monroe Doctrine in its relations with sovereign states in Latin America and the Caribbean.
The Abu Ali Mustapha Brigades, the military wing of the PFLP, says they handed over the body of an Israeli captive to the Israeli occupation forces in implementation of the clauses of the ceasefire agreement.
Al Mayadeen correspondent: Israeli drones are flying over the presidential palace in Baabda, Mount Lebanon, and over the skies of the capital, Beirut, and its suburbs.
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes launch a series of raids on the al-Mahmoudiya and Jarmaq areas
Trump reiterates proposal for Russia and Ukraine to stop at current front line, negotiate later
Reuters: Trump says no discussion regarding Ukraine ceding Donbas to Russia

Iran oil exports reach $35.8 billion in last 12 months as of March

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Apr 2024 12:57
2 Min Read

The total trade witnessed a 2.6% year-on-year increase, hitting a value of $153 billion, of which $86.8 billion was Iranian exports.

  • x
  • This March 16, 2019 file photo, shows natural gas refineries at the South Pars gas field on the northern coast of the Persian Gulf, in Asaluyeh, Iran.(AP)
    This March 16, 2019 file photo shows natural gas refineries at the South Pars gas field on the northern coast of the Persian Gulf, in Asaluyeh, Iran. (AP)

In the 12 months up until the end of March 2024, Iran's oil exports reached $35.8 billion, Iran's head of Customs Mohammad Rezvanifar said today, as reported by the Iranian Labour News Agency. 

Even though the US sanctioned Iran again in 2018, Chinese-Iranian trade, specifically Chinese purchases of Iranian oil have aided Iran in keeping a positive trade balance. 
 
Rezvanifar said that without oil exports, Iran would have registered a $16.8 billion trade deficit.
 
Iran's total trade witnessed a 2.6% year-on-year increase, hitting a value of $153 billion, of which $86.8 billion was Iranian exports, he added. 

$2.879 billion Iran-China trade value in Jan-Feb, 37% higher than 2023

Related News

Iraq to resume 180k-190k bpd oil exports via Turkey pipeline

Iraq to supply 185,000 bpd via Iran-Turkiye pipeline: Reuters

According to a report by IRNA on March 28, trade exchanges between Iran and China witnessed a 37 percent increase in the first two months of 2024 compared to a similar period from last year.

IRNA cited Chinese customs data revealing that the value of trade between both countries in January and February this year amounted to $2.879 billion. Last year, the trade value in the same months amounted to $2.098 billion.

It added that in comparison to last year's 1.41 billion dollars worth of goods exported to Iran from China in the first two months of the year, this year's 2.05 billion indicates a 45 percent increase in exports from China to Iran within the same months. 

Iranian exports to China have also witnessed a 20% increase, as $829 million of goods were exported compared to last year's $688 million.

According to analysts, the value of China's imports from Iran is predicted to be much higher, as the figures related to the purchase of Iranian oil by Chinese refineries are not included in the official statistics of China's imports from Iran.

  • oil exports
  • China
  • Iran trade
  • Iran oil
  • Iran

Most Read

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Yemeni Armed Forces Chief of Staff Major General Mohammad Abd al-Karim al-Ghamari , during a ceremony in an undisclosed locations in Yemen, undate (Yemeni Military Media)

Yemeni Armed Forces mourn martyred Chief of Staff al-Ghamari

  • Politics
  • 16 Oct 2025
Israeli occupation violates Gaza ceasefire, killing seven Palestinians.

Israeli occupation violates Gaza ceasefire, kills seven Palestinians

  • Politics
  • 14 Oct 2025
Zionists Fundamentally Misread Iran Due To Their Own Echo Chambers

Zionists fundamentally misread Iran due to their own echo chambers

  • Analysis
  • 15 Oct 2025

Coverage

All
War on Gaza

Read Next

All
UK blocks release of documents on secretive Lammy-Sa’ar meeting.
Politics

UK blocks release of documents on secret Lammy-Sa’ar meeting

Colombia slams Trump’s drug accusation, defends sovereignty
Politics

Colombia slams Trump’s incendiary drug claims, defends sovereignty

The abuse was detailed in Giuffre's memoir "Nobody's Girl: A Memoir of Surviving Abuse and Fighting for Justice." (AP)
Politics

Epstein victim recounts choking, sexual assault by 'well-known PM'

The US Secret Service discovered a hunting stand near the airport President Donald Trump uses in Florida. (US Secret Service)
Politics

FBI probes hunting stand with sightline to Trump’s Air Force One exit

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS