Iran’s exports to Africa up 85% in March-June period

An official in Trade Promotion Organization of Iran said that the Islamic Republic's exports to Africa mounted by 85% in the three months ending on June 21.

News ID: 2001736

Leila Baghban, the deputy head of the Trade Promotion Organization of Iran (TPO) for Africa, announced that exports to Africa grew by 85% during the first three months of the current Iranian calendar year (starting March 21) compared to the same period last year.

Speaking on Wednesday during her visit to Nairobi, Kenya, for the two-day Iran–Kenya Joint Economic Cooperation Commission meeting — which began a day earlier — Baghban said total exports to Africa reached $260 million in this period.

“In the first three months of this year, we witnessed significant growth in trade with Africa, particularly Kenya, where Iran’s exports reached $85 million,” she added.

According to Baghban, Iran’s exports to African countries currently total around $1 billion annually, although this figure has fluctuated slightly in recent years.

She also noted that Iran and Kenya are holding their current Joint Economic Cooperation Commission meeting, which is the seventh one, after an 11-year hiatus./mehr