China Grossly Underreported Oil And Other Imports From Iran

China has reported just $6.5 billion of imports from Iran in 2021, while other data show it imported more than $20 billion of Iranian crude and oil biproducts. Firms such as TankerTrackers that monitor shipments and vessel movements worldwide, and the advocacy group United Against Nuclear Iran have reported that China imported a daily average of 850,000 barrels of oil and biproducts from Iran in 2021, much higher than in the previous year. Data released by China’s Customs Administration, however, shows there was no increase year-on-year in Iranian imports.