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Iranian Exports to Iraq Shoots Past $6.1 Billion in Worth of Goods

Iranian export to Iraq went past $6.1 billion worth in just the first eight months of this year.

The value of goods shipped from Iran to Iraq in the first eight months of this year (Mar. 21 - Nov. 22) exceeded $6.1 billion, according to a member of the Board of Directors of the Iran-Iraq Joint Chamber of Commerce.

In an interview with Fars News Agency, Seyyed Hamid Hosseini stated that their statistics show that Iran has exported $750 million worth of non-oil commodities to neighboring Iraq on a monthly basis on average.

The exports consisted of foodstuff (fresh fruits and vegetables), construction materials (tiles, stones, ceramics, and glasses), oil and petrochemical products, home appliances, clothing, dairy products, furniture, and shoes to Iraq during this time.

In response to the most recent circumstances with Iran's shipments to Iraq, Hosseini stated that the spread of COVID-19 in 2020 and 2021 had a significant impact on global trade.

He also added that the drop in Iran's export to Iraq in 2020 was a result of the closure of borders due to the pandemic.

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