Trade between Iran and Africa grew by 66% in nine months
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Tehran Times
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Trade between Iran and Africa grew by 66% in nine months

The Minister of Agriculture reported on the trend of increasing trade turnover between Iran and African states. According to customs exchange statistics, during the first nine months of the Iranian calendar year 1404 (the period from March 21 to December 21, 2025), the volume of trade between Iran and Africa reached approximately 940 million US dollars. This demonstrates an increase of 66% compared to the same period last year.

Speaking at the First National Council on Agricultural Cooperation between Iran and Africa, the minister noted that despite the significant growth, the current trade volume still falls far short of the potential of the vast African market, which has over a billion people. He emphasized that although the figure is small, the direction of movement is correct, and economic interaction between the parties requires expansion through careful planning.

Nouri Kazeljeh, commenting on the share of agricultural products in Iran-Africa trade, stated that about two-thirds of Iran's imports from Africa consist of food and agricultural products. Therefore, cooperation in this area should not be limited to unilateral trade; instead, it should develop towards creating joint value chains, mutual investments, and technology transfer.

The Minister of Agriculture also highlighted the priority of eliminating administrative obstacles and strengthening ties between responsible institutions. He added that for sustainable cooperation, economic actors require clear procedures, reliable logistics, practical payment mechanisms, insurance and investment coverage, as well as predictable regulation. In this regard, opportunities for bilateral agreements and regional mechanisms can be considered in the areas of tariffs and trade facilitation, with the participation of relevant bodies.

Nouri Kazeljeh, emphasizing the need for continuous monitoring of the elimination of administrative barriers, stressed that the problems of each project must be clearly defined and documented, a responsible party must be assigned to accompany them, and the progress of work must be evaluated within established deadlines.

At the beginning of the First National Council on Agricultural Cooperation, the minister particularly highlighted the opportunities for joint agricultural partnership with Africa that need to be transformed into concrete, actionable, and long-term economic ties. The council was attended by ambassadors, economic advisors, honorary consuls, executive body officials, economic associations, entrepreneurs, investors, and over 200 economic participants. The minister noted that such broad participation provided a valuable opportunity to translate the political will to expand Iran-Africa relations into concrete projects and strong economic partnerships.

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Uzbekistan's foreign trade volume grew by 6.3% to $65.4 billion
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uzdaily.uz

Uzbekistan's foreign trade volume grew by 6.3% to $65.4 billion

According to preliminary data from the National Statistical Committee, Uzbekistan's foreign trade volume for the period from January to September 2026 reached $65.4 billion. This figure exceeds the amount for the same period last year by $3.9 billion, representing a growth of 6.3%. At the same time, exports decreased while imports continued to rise, leading to an almost twofold increase in the trade deficit—from $6.9 billion to $13.7 billion.

The export of goods and services amounted to $25.8 billion, a decrease of 5.5%. Imports, however, increased by 15.7% to reach $39.6 billion. The fall in exports is largely attributed to the reduction in non-monetary gold supplies, which dropped from $9.8 billion in the first nine months of 2025 to $2.8 billion in January–September 2026. However, excluding gold, merchandise exports grew by 31.6% to $13.3 billion.

Goods accounted for 62.4% of Uzbekistan's total exports. Major commodity groups included finished products, other manufactured goods, chemical products, and food products. Exports of finished products increased by 27.6%, reaching $3.8 billion and accounting for 14.7% of the total volume. Supplies of other manufactured goods more than doubled to $2.6 billion, making up 10.2% of exports. Chemical exports rose by 35.1% to $2 billion, while food product exports fell by 3.4% to approximately $2 billion.

Exports of machinery and transport equipment increased by 40.6%, reaching $1.1 billion. Mineral fuel exports grew by 4.4% to $1.2 billion. Within the fuel category, refined petroleum product exports increased by 44.4% to $672.5 million. Meanwhile, gas exports fell by 34.5% to $357.9 million, and electricity exports rose by 26.9% to $145.8 million.

Textile exports increased by 28.1%, totaling $2.4 billion, or 9.3% of the total volume. Finished textile goods constituted 50.8% of textile supplies, and yarn accounted for another 33%. Service exports showed a growth of 31.1%, reaching $9.7 billion, which is 37.6% of the total volume. Tourism services, including tourism, brought in $5.3 billion, or 54.9% of service exports. Transport services provided $2.9 billion, corresponding to 29.7%.

Fruit and vegetable exports amounted to $1.3 billion, which is 10.9% less than last year and accounts for 5% of the total volume. In terms of supply volume, they decreased by 3%, or 48,200 tons, to 1.56 million tons. Fruit exports fell from $489.2 million to $445.2 million; cherry exports decreased from $72.5 million to $59.9 million, and dried grape exports dropped from $92.8 million to $74.2 million. However, vegetable exports rose from $172.1 million to $206.2 million. Onion supplies totaled 317,300 tons valued at $92.4 million.

Russia was the largest export destination for Uzbekistan, receiving goods and services worth $3.5 billion, which accounts for 13.6% of the total export volume. Exports to China reached $2.3 billion, and supplies to Afghanistan amounted to $1.4 billion, corresponding to 8.9% and 5.4% of exports, respectively. Among the ten largest markets were also Hong Kong and Kazakhstan, each receiving $1.2 billion, as well as France, the United Arab Emirates, Turkey, Kyrgyzstan, and Tajikistan. Hong Kong accounted for 4.6% of exports, Kazakhstan for 4.5%, France for 3.9%, the UAE and Turkey for 3.1% each, Kyrgyzstan for 3%, and Tajikistan for 2.3%. These ten destinations together covered more than half of Uzbekistan's exports.

Merchandise imports increased by $4.8 billion compared to the same period last year, reaching $34.4 billion. Service imports grew by 12.2% to $5.2 billion, accounting for 13% of the total import volume. Machinery and transport equipment became the largest import category, reaching $12.9 billion or 32.5% of the total volume, with imports in this sector increasing by 14.4%. Finished goods imports rose by 4.7% to $5.8 billion, and chemical imports increased by 17%, reaching $4.8 billion.

Food product imports rose by 37.5% to $4.2 billion. Grain imports increased by 59.4% to $1.1 billion, and meat and meat product imports rose by 32.2% to $779.3 million. Mineral fuel imports increased by 21.6% to $3.4 billion. Gas purchases amounted to $1.6 billion, which is 49.9% more than the previous year. Refined petroleum product imports also reached $1.6 billion, an increase of 6%.

In this category, gasoline imports rose by 33.6% to $454 million, while diesel fuel imports decreased by 19.1% to $189.1 million. Imports of motor vehicles and other transport equipment, including spare parts, reached $3.2 billion, which is 26.4% more than in January–September 2025. Passenger car imports increased by 52.5% to $1.2 billion. Purchases of telecommunications, sound recording, and sound reproduction equipment rose by 73.9% to $1.3 billion. Nevertheless, aircraft imports decreased by 33.9% to $271.7 million.

Tourism services accounted for 40.8% of service imports, transport services for 32.5%, other business services for 9.7%, and telecommunication, computer, and information services for 8.3%.

Uzbekistan imports goods and services from over 160 countries. China is the largest supplier, with supplies estimated at $12.9 billion, accounting for 32.5% of the total import volume. Russia supplied $6.9 billion in goods, and Kazakhstan supplied $3.1 billion. Other major suppliers include Turkey, South Korea, Turkmenistan, and Germany, with shares of 3.7%, 3.5%, 2.2%, and 2.1%, respectively. These seven countries together accounted for over 65% of imports.

Uzbekistan maintains trade relations with over 200 countries. China remains its main trading partner in terms of total foreign trade, achieving bilateral trade of $15.2 billion in the first nine months of 2026, which is 23.2% of the total volume. This is 27.6% more than the same period last year. Russia ranks second with a turnover of $10.5 billion, accounting for 16% of the total volume, with bilateral trade growing by 10.5% year-on-year. Trade with Kazakhstan increased by 22.3% to $4.3 billion, or 6.5% of Uzbekistan's total foreign trade. Turkey ranked third with $2.2 billion, or 3.4%, and trade with Afghanistan reached $1.6 billion, accounting for 2.4% of the total volume. The most significant growth in turnover was noted with the UAE and Hong Kong. Trade with the UAE grew from $943.2 million to $1.4 billion. Trade with Hong Kong increased more than elevenfold, from $109.6 million to $1.3 billion.

Iran seeks to expand gas trade with members of the Gas Exporting Countries Forum (GECF)
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www.tehrantimes.com

Iran seeks to expand gas trade with members of the Gas Exporting Countries Forum (GECF)

The Iranian Oil Minister stated that the country intends to increase gas trade with member states of the Gas Exporting Countries Forum (GECF), create a unified gas market, and strengthen energy cooperation ahead of the eighth group summit in Russia.

Iran seeks to expand gas trade with GECF members

Hamid Bavard reported that Iran will hold bilateral talks with the oil and energy ministers of member countries during the summit to discuss expanding cooperation and bilateral activities. According to Shana, Iran, as the founder of GECF, will present its position at the leaders' summit through President Masoud Pezeshkian, and at the group's ministerial meeting through the current oil minister.

Key issues on the agenda include protecting energy infrastructure during crises and wars, increasing gas trade among exporting countries, and finding ways to activate exchanges. Bavard added that Iran will insist on creating a common gas market and closer coordination among exporters to develop joint gas export policies.

Regarding relations with Russia, Bavard noted that cooperation has been established between the two countries in the energy sector, with Russian companies holding contracts for the development of several Iranian oil and gas fields. Negotiations are also underway regarding gas exchanges between Iran and Russia. Bavard expressed hope for positive results during the trip to promote strengthening cooperation and expanding energy interaction between Iran and Russia.

Bavard arrived in Moscow on Sunday to accompany Pezeshkian to the eighth GECF summit and participate in the forum's 28th ministerial meeting. The ministerial meeting is scheduled for Monday, one day before the leaders' summit. An extraordinary meeting of the GECF Executive Council, chaired by Seyed Ali-Mohammad Mousavi, Deputy Iranian Oil Minister for International Affairs and Trade, as well as a meeting of the Special High Committee, are also scheduled for Sunday.

These meetings are expected to allow for the review and approval of important documents, including the summit's final declaration. GECF serves as a basis for dialogue and coordination among natural gas producing and exporting countries. Its sessions cover the development of gas markets, supply and demand forecasts, energy security, and the role of natural gas in the global energy balance.

Other areas of focus include the development of natural gas markets, monitoring trends in the liquefied natural gas (LNG) industry, and assessing investment needs to meet future demand. The forum's leaders' summit is held every two years. Previous summits took place in Doha in 2011, Moscow in 2013, Tehran in 2015, Santa Cruz de la Sierra in Bolivia in 2017, Malabo in Equatorial Guinea in 2019, Doha in 2022, and Algiers in 2024.

GECF includes 12 full members: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, United Arab Emirates, and Venezuela. Angola, Azerbaijan, Iraq, Malaysia, Mauritania, Mozambique, Peru, and Senegal participate as observer countries. According to the forum, members collectively possess about 70 percent of the world's proven natural gas reserves, account for 38 percent of global realized gas production, and 42 percent of global gas exports. Their share in global LNG exports is estimated at approximately 47 percent.

Uzbekistan and Iran Discuss Expansion of Trade Cooperation and Transport Links
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uzdaily.uz

Uzbekistan and Iran Discuss Expansion of Trade Cooperation and Transport Links

Uzbekistan and Iran held discussions aimed at expanding economic and trade interaction, strengthening investment ties, and seeking alternative transportation routes, according to the Uzbek news agency Dunyo.

The issues were discussed during a meeting between Uzbekistan's ambassador Fariddin Nasriev and Bahman Abdollahi, chairman of the Iranian Chamber of Cooperatives. The parties reviewed opportunities to increase bilateral trade, promote investment partnership between enterprises, and exchange professional experience.

Furthermore, the topic of organizing a visit by representatives of Iranian business to Uzbekistan to study potential joint projects was raised. The Iranian side noted that the conditions created by Uzbekistan to support business activity contribute to the development of economic and trade relations between the two countries.

A key aspect was cooperation in the field of transport and logistics. The potential for establishing air connections, developing alternative transport corridors, and establishing direct contacts between relevant state structures was discussed.

Nasriev confirmed Uzbekistan's interest in further strengthening bilateral relations and its readiness to facilitate the implementation of the planned initiatives. The Iranian Chamber of Cooperatives (ICC), founded in 1994, is the country's highest non-governmental representative body in the cooperative sector. According to available data, there are about 104,000 cooperatives operating in Iran with over 18 million members, providing employment for 1.8 million people.

Ultimately, the parties agreed to continue cooperation in the areas addressed, paying special attention to achieving practical results in trade, investment, transport, and logistics.

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