12 Things You Didn’t Know About South Africa-Iran Relations
Trade has fallen between the 2 countries
South Africa blames sanctions imposed by the West and nonexistent banking relations between South Africa and Iran for a decline in trade. As of 2015, total trade between the two countries was 358 million rand ($27.3 million US). South African exports to Iran declined from 1.27 billion rand ($97 million US) in 2008 to 270 million ($20.6 million) in 2014.