10 billion dollar capacity of the African market for Iranian goods / Half of Iran’s non-oil exports to Africa are steel products

According to Fars news agency, Seyyed Ruhollah Latifi, deputy official of the Iran-Africa Merchants Club regarding Iran’s trade with African countries in April this year, said: In the first month of this year, 71,87 tons of Iranian goods worth 31,481,234 million Dollars were exported to 23 African countries and 4,329 tons of goods worth 5,879,482 dollars were imported from 9 African countries.

He added: In the export basket of Iranian goods to Africa in April, 29 thousand 602 tons of iron products worth 16 million 201 thousand 162 dollars, with a share of 51.5% of the total export to Africa, was at the top, and urea fertilizer with 27 thousand 172 tons worth 7 million 880 thousand dollars (25% share), foodstuffs with 3 thousand 346 tons worth 2 million 793 thousand dollars (9% share), bitumen with 6 thousand 29 tons worth one million and 793 thousand dollars (6% share) and other petro-refinery derivatives with two thousand and 524 tons worth one million and 407 thousand dollars (4.4% share) ranked second to fifth in exports to Africa and chemical and plastic products, industrial machinery, flooring, sodium sulfur, motorcycle tires, bentonite, white cement, plaster, medicine, toys and glass containers were among the other goods exported from Iran to the African continent in Farvardin.

Regarding Iran’s top five export destinations to the African continent, Latifi said: Ghana with the purchase of 15 million 277 thousand 159 dollars (133% growth), South Africa with 9 million 221 thousand 537 dollars (96% growth), Tanzania with 1 million and 947 thousand 845 dollars (41% decrease), Kenya with 1 million 203 thousand 902 dollars (60% decrease) and Sudan with 1 million 31 thousand 437 dollars (739% growth) are the top five destinations of Iran’s export goods to Africa They were.

The deputy official of the Iran and Africa Merchants Club said about goods imported from Africa: 634 tons of food including vegetable extracts, coffee, tea, beans, etc. worth three million 205 thousand 946 dollars with a share of 54.5 percent. Of the total imports from this continent, 498 tons of transformer oil worth one million and 346 thousand dollars (23% share), three thousand and 150 tons of manganese worth $991 thousand and 409 dollars (17% share), 36 tons of chromium trioxide to The value of 152,000 dollars, along with cutting blades, industrial tools and ventilators, etc., were the goods imported to the country from the African continent in April.

Latifi stated about the top five countries that trade with Iran for imports: South Africa with sales of 2 million 540 thousand 435 dollars (107% growth), Congo with 1 million 346 thousand 42 dollars, Ghana with 879 thousand 941 dollars. dollars, Kenya with 395 thousand 83 dollars (34% decrease) and Tanzania with 353 thousand 978 dollars (40% decrease), were the first five countries selling goods to Iran in the African continent in April.

He added: Iran’s imports from Africa in April this year increased by 98% compared to the same period, and non-oil exports to this continent also decreased by 73%, which is why the foreign trade policymakers and activists in this field are paying attention to removing obstacles to exports to this market. 1.3 billion people should be immediately noticed and the growing trend of exports to this continent in the last two years should not be stopped, but this market has the tendency to buy more than 10 billion dollars of Iranian goods per year and should be on the way to increase exports. Quality goods need more effort.

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