Iran exported 20.8 million tons of goods worth $5.9 billion to Iraq during the first nine months of the current Iranian year (March 20-Dec. 20, 2020), registering a 15% decline in value compared with the similar period of last year.
“Iran’s exports to the neighboring country have averaged at $650 million per month so far this year, while the figure for the same period of last year stood at $750 million per month. This shows a $100 million decline in average monthly exports,” Hamid Hosseini, a member of Iran-Iraq Chamber of Commerce’s board of directors, was quoted as saying by Fars News Agency.
The official added that Iran’s exports to Iraq have not experienced a significant decline in weight over the period, but the types of goods exported have changed.
“Our industrial exports have experienced a fall and instead, mineral and agricultural exports have increased,” he said.
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