African importers of Iran-made commodities
Ghana,
Algeria, South Africa, Tanzania and Nigeria stand among the first five
importers of Iran-manufactured goods in Africa.
Given the
fact that African market is a very large market for many developed countries to
export their products, Iran has still a limited presence in this sector as a
result of US-imposed sanctions as well as shipment problems.
A review of Iran's export statistics presented
by the Trade Promotion Organization shows that along with the increase in the
country's total exports compared to last Iranian calendar year, the amount of
exports of Iranian goods to the continent increased significantly.
In the first
quarter of this year (March 21, 2021 to June 21, 2021), Iran's exports to
African countries stood at around 834,381 tons of goods worth $340 million, comparing
to the same period last year increased by 144 percent in weight and 349 percent
in value.
During the
same period, Ghana with $151 million, Algeria with $58 million, South Africa
with $32 million, Tanzania with $25 million and Nigeria with $18 million were the
first five big importers of Iranian commodities.
Sudan with
less than $17 million, Kenya with more than 14.5 million dollars, Ivory Coast
with 12 million dollars, Somalia with 4 million dollars and Egypt with around
1.5 million dollars have been sixth to tenth great African importers of Iranian
goods.
Ghana has
been the tenth largest importer of Iran-made commodities, having 44% of Iran's
exports to Africa.
Algeria with
17 percent, South Africa with 10 percent and Tanzania and Nigeria with 5
percent have had the largest share of Iran's exports to African countries in
the first three months of this year.
Iran's
exports to Algeria, Nigeria, Ivory Coast, Tanzania, South Africa and Ghana
increased by 20641%, 8818%, 1750%, 580%, 456% and 370% respectively.
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