27 Dec 2024
Monday 14 October 2019 - 17:04
Story Code : 361379

Iran accounts for quarter of all exports to Iraq

Financial Tribune - Iran accounts for about a quarter of all exports to neighboring Iraq. According to Iran's commercial attach to Iraq, Nasser Behzad, China with 20%, Turkey with 19%, the US with close to 10%, India with 4% and Jordan with 2% are other major exporters to Iraq, Mizan Online reported.

A total of 5.7 million tons of commodities worth $4 billion were exported from Iran to Iraq during the first five months of the current Iranian year (March 21-Aug. 22) showing a 10% rise in both weight and value compared with the similar period of last year.

Irans total exports during the five-month period amounted to $18 billion and exports to Iraq accounted for 22% of this sum.
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