News ID: 109989
Publish Date : 10 December 2022 - 21:48

IRICA: Iran-Africa Trade Exchanges Grow 39%

TEHRAN – The deputy head of the Iran-Africa Merchants Club Rouhollah Latifi has said that the trade exchanges between his country and Africa has registered a 39 percent hike in the first eight months of the Iranian calendar (starting on March 21, 2022).
Latifi said that the trade volume between Iran and Africa stood at over 1.5 million dollars from March 21 to November 21.
He went on to say that more than 1.9 million tons of commodities worth over 1.5 billion dollars were exchanged between Iran and states of Africa during the said period.
The volume indicated a 10.5 percent rise in terms of tonnage and a 39 percent growth in terms of value, he further noted.
During this period, 1.844,601 tons of Iranian goods worth $990 million and $569,000 were exported to 38 African states, showing a 9 percent increase in weight and a 36 percent surge in value, he underlined.