Iran’s non-oil trade with Africa tops $670m in 10 months

Financial Tribune – Iran’s exports to African Group member states stood at $557.73 million from March 21, 2018, to Jan. 20, indicating a 9.94% decrease, as imports were worth $114.53 million, down 53.95% year-on-year.

I ran traded 1.86 million tons of non-oil commodities worth $672.26 million with the member states of African Group during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 16.48% and 22.55% decline in tonnage and value respectively compared with last year’s corresponding period.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 1.78 million tons worth $557.73 million during the period, indicating a 16.01% and 9.94% decrease in tonnage and value respectively year-on-year.

Imports stood at 83,197 tons worth $114.53 million, down 25.58% and 53.95% in tonnage and value respectively YOY.