Iran Exchanges Nearly 1 Billion Dollars Worth of Goods with Africa in 7 Months
11:59 - December 06, 2022

Iran Exchanges Nearly 1 Billion Dollars Worth of Goods with Africa in 7 Months

TEHRAN (ANA)- Iran and the African states exchanged 1.89 million tons worth $992.77 million in the first 7 months of the current Iranian year (started on March 21).
News ID : 998

During this period, South Africa with 462,590 tons worth $254.05 million was the main trade partner of Iran followed by Mozambique with 288,305 tons worth $160.82 million and Sudan with 221,205 tons worth $122.76 million.

The Islamic Republic of Iran Customs Administration’s figures showed that Iran exported 1.83 million tons of goods worth $933.24 million to the African states during the period.

South Africa with 461,840 tons worth $247.62 million was Iran’s main export destination in Africa. Mozambique with 288,305 tons worth $160.82 million and Sudan with 221,123 tons worth $122.34 million came next.

Iran enjoys political relations with 47 out of 54 African countries; a continent with a very large export capacity which is nearly untouched by Iran's exporters. East Africa is the closest region in Africa to Iran and therefore, it is considered a suitable market for Iran's exports after the neighboring countries.

In East Africa, an economic bloc has been formed with participation of six countries of Kenya, Congo, Uganda, Rwanda, Tanzania and Sudan, and entering this market can have many advantages for Iran.

4155/Azra Varasteh

 

 

 

Tags: Iran Africa trade
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