Iran-Africa trade reached nearly $1.3 billion in 2022, growing 2%

The value of trade between Iran and Africa increased by two percent last year, reaching $1.278 billion, according to the vice president of the Iran and Africa Merchants Club.

Ruhollah Latifi revealed that in the past year, Iran exported $1.183 billion to 49 African countries, showing a one percent fall.

Meanwhile, Iran imported worth $95.316 million worth of goods from 23 African countries, indicating a 59 percent growth.

South Africa, Mozambique, Ghana, Sudan, Nigeria, Kenya, and Ivory Coast were the top seven destinations for Iranian goods in the African continent.

Tanzania, Kenya, South Africa, Ghana, Seychelles, Egypt and Congo were the top seven African sources of imports for Iran in the past year.

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