A look into Iran-Africa trade
Head of Iran's Trade Promotion Organization Mehdi Zeighami has said that one of the reasons for the decrease in export statistics of Iran to Africa is that a large volume of trade is not mentioned in trade statistics with the African continent.
argued that there is no regular shipping line or direct line with these
countries, and most of the exports are sent through countries such as Oman, the
United Arab Emirates, and Turkiye with a change of documents, and for this
reason, Iran is not considered as a country of origin.
the official, in the first seven months of 2022, Iran exported about 650
million dollars of urea to Africa; so, 70% of Iran's official export to Africa was this product.
prices of urea decreased between 30 and 50% in 2023, and on the other hand,
African countries have received urea from some countries as gifts or at low
prices in order to get a larger share of the market for this product, he said,
adding that accordingly, with a decrease in the seven months of this year, the
export of urea reached 210 million dollars.
many different exports in the field of services that are not calculated in the
statistics, while it had a 70% growth in the export of services to Africa in
the Raisi administration, which is not mentioned in the statistics.
manufacturing companies signed agreements to set up production lines in Kenya
and Senegal, he said, adding that Iranian firms plan to construct 15,000
residential units in Africa.
production of vaccines and medical equipment are among other projects with
long-term effects, which cannot be seen in short-term statistics, Zeighami