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Economy
2022-September-20  17:16

Iran Ups Exports to Africa by 40 Percent in 5 Months

TEHRAN (FNA)- Iran considerably increased its exports to the African countries during the first five months of the current Iranian year (March 21, 2022-August 22, 2022).

The announcement was made by Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi.

"A total of 1.354 million tons of goods worth $741,122,922 were traded between Iran and Africa in the first five months of the current Iranian year," Latifi said.

He pointed out that out of that Iran’s exports accounted for 1,311,647 tons of goods worth $696,731,412 and sent to 37 African countries, while imports to Iran accounted for 42,629 tons of goods worth $44,391,510 from 19 African nations.

South Africa, Mozambique, Sudan, Nigeria and Ghana were the top destinations of Iranian goods, respectively.

Tanzania, Kenya, South Africa, the Democratic Republic of the Congo and Ghana had respectively the most imports to Iran.

Imports mainly included raw materials and machinery, while Iran mainly exported foodstuff, minerals, as well as petro-refinery and oil derivatives products.