Domestic Economy

Exports to Africa Double, Hit Record High of $1.1b

Ghana with $353 million was Iran’s biggest export destination in Africa followed by South Africa with $254 million and Nigeria with $125 million
Exports to Africa Double, Hit Record High of $1.1b
Exports to Africa Double, Hit Record High of $1.1b

Iran’s exports to African countries reached $1.19 billion in the last fiscal year (March 2021-22), registering a 107% rise compared with the previous year and boosting the volume of exports to a record high, according to director general of Arab and African ountries Department of the Trade Promotion Organization of Iran.
“Our top 10 export destinations were Ghana with $353 million, South Africa with $254 million, Nigeria with $125 million, Mozambique with $98 million, Kenya with $77 million, Sudan with $73 million, Algeria with $67 million, Tanzania with $55 million, Somalia with $29 million and Ethiopia with $11 million,” Farzad Piltan was also quoted as saying by IRNA.
The official noted that Iran’s main exported products to Africa during the period were iron and steel ingots, urea, liquid butane and propane, floorings, iron and steel profiles and construction materials.


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