Trade between Iran and African countries reached 2.33 million tons worth $1.18 billion in the first 10 months of the current Iranian year (March 21, 2022-Jan. 20).
The figure registered a 14.82% and a 22.39% rise in tonnage and value year-on-year, respectively.
South Africa with 541,082 tons (up 10.18%) worth $293.63 million (up 33.82%) was the main trade partner during the period. It was followed by Mozambique with 349,305 tons worth $189.17 million and Ghana with 287,747 tons (down 44.43%) worth $152.62 million (down 51.92%).
Data released by the Islamic Republic of Iran Customs Administration show Iran exported 2.24 million tons of goods worth $1.1 billion to the African continent during the period, registering a 13.47% and an 18.91% increase in terms of weight and value, respectively.
South Africa with 530,416 tons (up 8.21%) worth $282.52 million (up 30.92%) was Iran’s main export destination in Africa. Mozambique with 349,305 tons worth $189.17 million and Ghana with 283,673 tons (up 42.52%) worth $144.11 million (down 53.63%) 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 84,179 tons worth $77.6 million to register a 74.66% and a 110.37% growth in weight and value, respectively.
Tanzania topped the list of African countries in terms of exports to Iran during the period, as a total of 49,997 tons (up 50.33%) worth $19.58 million (up 102.75%) were exported to Iran. It was followed by Kenya with 3,200 tons worth $15.27 million and South Africa with 10,666 tons worth $12.11 million.