TEHRAN- The Minister of Agriculture, referring to the trend of trade exchanges between Iran and African countries, said: “According to customs exchange statistics, Iran’s trade with Africa in the first nine months of the past Iranian calendar year 1404 (March 21-December 21, 2025) reached about 940 million dollars, which shows a 66 percent growth compared to the same period in the preceding year.”
Iran's Trade with Africa Grows by 66% in First Nine Months of 1404
Iran's trade with African countries surged by 66% in the first nine months of the Iranian calendar year 1404, reaching approximately 940 million dollars. This growth was highlighted by the Minister of Agriculture, indicating a strengthening economic relationship between Iran and Africa. This trend is significant for Iran as it seeks to diversify its trade partnerships amid ongoing sanctions.
👥 Key Players
📰 What Happened
Iran's trade with African countries increased by 66% in the first nine months of the Iranian calendar year 1404, amounting to approximately 940 million dollars. This growth indicates a strengthening economic relationship between Iran and Africa.
- Trade reached about 940 million dollars in the first nine months of 1404.
- This represents a 66% growth compared to the same period in the previous year.
💡 Why It Matters
📚 Background
Iran has faced extensive international sanctions that have limited its trade options, prompting the government to seek new markets, particularly in Africa.
🏷️ Entities Mentioned
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