China to become Iran's top trade partner

China could replace Germany as the top exporter to Iran this year, the Financial Times reported. The forecast was made by Western diplomats and Iranian businessmen. Germany has been Iran's top import provider for 30 years, supplying goods totaling US$5.08 billion last year. China is currently ranked third, after the United Arab Emirates, and exported US$4.48 billion to Iran last year. However, German exports dropped 19.8% in the first five months of this year while Chinese exports are growing. Iran is trying to rely more on Chinese goods in preparation for possible sanctions over its nuclear program. An international meeting next week will discuss a new United Nations resolution and the possibility of new restrictions on Iran. There is some concern in Iran over the adjustment of trade, as most of its high-tech imports come from Germany, while it receives mainly consumer goods from China.