Trade between Iran and African countries reached 2.65 million tons worth $1.41 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 53.55% and an 82.51% rise in weight and value year-on-year, respectively.
South Africa with 526,830 tons worth $287.11 million was the main trade partner during the period. It was followed by Mozambique with 288,305 tons worth $160.82 million and Sudan with 257,376 tons worth $138.85 million.
Data released by the Islamic Republic of Iran Customs Administration show Iran exported 2.58 million tons of goods worth $1.34 billion to the African continent during the period, registering a 53.1% and an 81.63% growth in terms of weight and value YOY, respectively.
South Africa with 525,894 tons worth $280 million was Iran’s main export destination in Africa. Mozambique with 288,305 tons worth $160.82 million and Sudan with 257,294 tons worth $138.43 million came next.
Ivory Coast, Djibouti, Algeria, Egypt, Guinea, Libya, Morocco, Mali, Macao, Mauritania, Mauritius, Mozambique, Nigeria, Sudan, Senegal, Somalia, Togo, Tanzania, Uganda, South Africa, Zambia, Ethiopia, Algeria, Kenya, Tunisia and Rwanda were other customers of Iranian goods.
This is while imports hit 68,983 tons worth $64.54 million.
Tanzania topped the list of African countries in terms of exports to Iran during the period, as a total of 46,736 tons worth $18.98 million were exported to Iran. It was followed by Kenya with 2,491 tons worth $12.63 million and South Africa with 936 tons worth $7.11 million.