Transactions With Africa Rise by 22% in 10 Months

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), registering 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.