Economy, Domestic Economy

Rise in Trade With S. Africa

Rise in Trade With S. AfricaRise in Trade With S. Africa

Iran exported more than 33,500 tons of non-oil goods worth $14.3 million to South Africa in the first four months of the current Iranian year (started March 20), registering a 70% hike in value compared with last year’s corresponding period. Petrochemicals, transformers, auto paint, carpet, dates, pistachios and saffron were among the main exports, according to the Islamic Republic of Iran Customs Administration. Meanwhile, 2,600 tons of commodities worth $5.6 billion were imported from the African country, which indicates a 28% rise year-on-year. The imports mainly included minerals, steel products, chemicals, seeds and industrial parts.