Iran's H1 Exports to Iraq Rise 28% YOY to $3.8 Billion

Iran’s non-oil exports to Iraq during the first six months of the current fiscal year (March 21-Sept. 22) stood at 13.9 million tons worth $3.8 billion, registering a 50% and 28% year-on-year growth in weight and value respectively, according to the head of the Iran-Iraq Chamber of Commerce.
“China and Turkey are our traditional competitors in the Iraqi market, but we are witnessing the growing willingness of countries such as Saudi Arabia and Jordan to take over and gain a lasting foothold in the Iraqi market,” Jahanbakhsh Sanjabi Shirazi was also quoted as saying by IRNA.
In fact, Iraq was Iran’s second biggest export destination during the period under review after China with 14.8 million tons of imports worth $6.5 billion.