‘Africa-Iran Trade Grows 27%’

Date: 19 October 2022 - 22:02

News ID: ۱۰۸۰۰۶

TEHRAN, IRNA – Deputy Chairman of the Iran-Africa Business Club Ruhollah Latifi has said that trade volume between African countries and Iran increased 27 percent in the first half of the current Iranian year (March-September 2022.
Addressing the second meeting of reviewing trade opportunities of Africa and Iran on Tuesday with emphasis on Senegal, Latifi said that the meeting was intended to pave the ground for promoting private sector to enhance their presence in African markets.
Latifi also said that a new direct flight between an African country and Iran will become operational within one year.
Six-month trade between Africa and Iran reached 1,437,500 tons worth 761.5 million dollars, showing 1 percent growth in terms of weight and 27 percent increase in terms of value of commodities, he said.
Iran’s export to Africa stood at 1.382 million tons worth 710 million dollars, indicating 24 percent increase, he added.
According to the official, Tanzania, Kenya, South Africa, Ghana, Congo, Seychellesو and Egypt are the first seven countries exporting goods to Iran, while South Africa, Mozambique, Nigeria, Ghana, Ivory Coast, Kenya, and Tanzania are the first seven countries importing Iranian commodities, Latifi noted.
He went on to say that the Islamic Republic is paving the way for participation of Iranian companies in Senegal’s FIDAK International Fair, which is scheduled for December 16 to 31 in Dakar.