Strong Boost in Trade Ties With Iraq

Iran’s imports from its western neighbor, Iraq, stood at 313,612 tons worth $175.99 million in the first five months of the current Iranian year (March 21-Aug. 22), showing a 970% and 430% surge in weight and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
“Exports to Iraq reached 12.02 million tons worth $3.16 billion, indicating a YOY increase of 53% and 31% in tonnage and value respectively. The figures made the country Iran’s second biggest export destination over the period,” Rouhollah Latifi was also quoted as saying by ISNA.