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Home Latest News

Iran exports to Iraq exceed $5.5b

byCT Report
26/02/2018
in Latest News
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TEHRAN: Iran exported $5.57 billion worth of non-oil goods to Iraq during the 11 months to Feb. 19, the secretary-general of Iran-Iraq Chamber of Commerce said.

Hamid Hosseini also told Financial Tribune that food, fruits, vegetables and construction materials were major commodities exported to Iraq from Iran during the 11-month period.

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According to Chairman of Trade Promotion Organization of Iran Mojtaba Khosrotaj, Iran was the third biggest trading partner of Iraq in 2016.

With a 22% share in Iraq’s foreign trade, Turkey is Baghdad’s top trade partner followed by China with a 20% and Iran with a 16% share, IRNA reported.

Khosrotaj noted that food exports constituted 19% of Iran’s non-oil exports to Iraq in the past three years followed by agro products (15%), chemical products (15%), energy products (11%), construction materials (10%), machinery and vehicles (5%), home appliances (4%), textiles (3%) and other products (18%).

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