September 05, 2021 19:57

Exports to Iraq Up 31% YOY to $3.1 Billion in Five Months

From the fiscal 2016-17 to fiscal 2020-21, about 30% of total exports to Iraq consisted of agricultural and food products, of which fruits and vegetables constituted the largest volume of export

Iran’s non-oil exports to Iraq stood at 12 million tons worth $3.16 billion in the first five months of the current fiscal year (March 21-Aug. 22), registering a 53% and 31% growth in weight and value respectively compared to the 7.8 million tons worth $2.4 billion in the corresponding period of last year, according to the secretary-general of Iran-Iraq Chamber of Commerce.
In fact, the neighboring Iraq was the second biggest destination of Iranian goods during the period after China with 10 million tons of imports worth $4.3 billion.
“Imports from Iraq stood at 246,000 tons worth $140 million in the first four months of the current fiscal year [March 21-July 22], registering a 540% growth in terms of value,” Jahanbakhsh Sanjabi Shirazi was also quoted as saying by ILNA.
About half of Iran’s exports to Iraq is shipped through Kermanshah Province.

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Iran-Iraq Relations