Iran’s African Trade Tops $200m

959,848 tonnes of commodities worth more than $180 million were exported to 27 African countries during the time, according to the spokesperson of the Islamic Republic of Iran Customs Administration.

Rouhollah Latifi was also quoted as saying by IRNA, “Exports included dairy products, dates, plaster and cement, carbon, sheets of metal, glass, iron bars, aluminium, flowers for perfumery use, licorice extract, medical equipment and oilseeds.”

Iran’s main export destinations in the African continent were Ghana with $52.81 million, Cameroon with $22.85 million and Kenya with $21.26 million.

Other customers of Iranian products include: Ivory Coast, Djibouti, Algeria, Egypt, Guinea, Libya, Morocco, Mali, Macao, Mauritius, Mozambique, Nigeria, Sudan, Senegal, Somalia, Togo, Tanzania, Uganda, South Africa, Zambia, Ethiopia, Tunisia and Rwanda.

Over the same period, imports from African countries amounted to 8,299 tonnes, worth $20.39 million.

Iran’s main imported products were distinct types of seeds, vegetable oils, chlorine and washing liquid essence, commercial vehicle spare parts, clutch pedal pads, packaging tubes, medical devices, sesame seeds, tobacco and industrial sheets.

During the seven months under study, the largest African exporters to Iran were Zimbabwe with more than $5.75 million, Ghana with $5.55 million, and South Africa with $3.06 million worth of exports.

With 54 countries, Africa, with a population of around 1.3 billion, is the second largest continent. Compared with the world average, there is higher economic growth.

While less than 3% of annual global trade is accounted for the continent offers Iran adequate space for bilateral trade.

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