Iran and Kenya traded $50 million worth of goods in the first eight months of the current Iranian year (March 21-Nov. 21), according to an Iranian official.
Iran’s exports to Kenya reached 86,156 tons worth $38.3 million during the period, registering a 20% year-on-year decrease, says Rouhollah Latifi, the deputy head of Iran-South Africa Merchants Club.
Bitumen worth $29.71 million accounted for 78% of the exports. It was followed by industrial oils and other petroleum derivatives worth $3.75 million with a share of 10% in total exports, food and agricultural products worth 1.43 million with d a share of 4%, IRIB News reported.
Minerals, construction materials, flooring, bags and shoes, glass and mirrors were the other main exported goods.
Imports from Kenya stood at 2,491 tons worth $12.63 million during the same period, registering a 52% and 100% rise in weight and value, respectively.
Black tea with 2,444 tons worth 12.48 million accounted for 98% and 99% of the total weight and value of Iran’s imports from Kenya respectively.
Data released by the Islamic Republic of Iran Customs Administration show trade between Iran and African countries stood at 2.65 million tons worth $1.41 billion during the period under review, registering a 53.55% and 82.51% rise in weight and value respectively.
South Africa with 526,830 tons worth $287.11 million was the main trade partner during the period.
Total imports from Africa stood at 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.
