Iran exports to Nigeria up by 69 percent

IRNA – Exports from Iran to Nigeria show a 69-percent growth in the first four months of the current Iranian calendar year (started March 21), according to figures.

Head of Nigeria department at the Trade Promotion Organization Mahmood Haji Yousefipoor said on Monday that the volume of Iranian exports to Nigeria in the first four month of present Iranian calendar year, stands at three million dollars, a total of 1.2 million dollars more, compared to the same period last year.

The increase includes some new exports to the African country, including major items like food products, such as tomato paste and chocolate, and constructional material plus automobile parts.

The Arab-African office of the Trade Promotion Organization reportedly aims at realizing the 25-percent growth set as the goal of the year for Iran’s export to Nigeria.

Setting up a stall in Lagos International Trade Fair, establishing banking ties as well as launching maritime shipping lines with Nigeria are also on the agenda of the office.