Transactions between Iran and African countries stood at 1.65 million tons worth $881.16 million during the first six months of the current fiscal year (March 21-Sept. 22), registering a 47.1% year-on-year rise in terms of value, respectively.
South Africa with 393,564 tons worth over $214.01 million was Iran’s main trade partner during the period, registering a 17.61% and 102.92% growth in weight and value respectively.
It was followed by Mozambique with 261,037 tons (up 1,182.81%) worth $145.44 million (up 2,119.11%) and Nigeria with 194,721 tons (up 45.14%) worth $114.93 million (up 162.86%).
Data released by the Islamic Republic of Iran Customs Administration show Iran exported 1.59 million tons of goods worth $829.85 million to the African continent during the period, registering a 44.82% rise in terms of value compared with last year’s corresponding period.
Iran’s main export destinations in Africa were South Africa with 392,928 tons (up 17.66%) worth $208.74 million (up 102.49%), Mozambique with 261,037 tons (up 1,182%) worth $145.44 million (up 2,119%) and Sudan with 218,377 tons (up 263%) worth $121.23 million (up 563%) came next.
Ivory Coast, Djibouti, Algeria, Egypt, Guinea, Libya, Morocco, Mali, Macao, Mauritania, Mauritius, Nigeria, Sudan, Senegal, Somalia, Togo, Tanzania, Uganda, Zambia, Ethiopia, Algeria, Kenya, Tunisia and Rwanda were other customers of Iranian goods.
This is while imports hit 55,846 tons worth $51.31 million to register a 97.36% growth in value, year-on-year.
Tanzania topped the list of African countries in terms of exports to Iran during the period, as a total of 36,546 tons (up 66.06%) worth $14.47 million (up 141.02%) were exported to Iran. It was followed by Kenya with 1,973 tons (up 148.16%) worth $10.49 million (up 243.83%) and South Africa with 636 tons (down 5.72%) worth $5.27 million (up 121.29%).