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 Iraq ranks 3rd in the Arab world with exports

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PostSubject: Iraq ranks 3rd in the Arab world with exports   Fri Aug 24, 2018 11:07 am

Iraq ranks 3rd in the Arab world with exports


 
08/24/2018

Economy News _ Baghdad

Iraq was ranked third with a value of about $ 68 billion, while the volume of international trade reached about $ 35.4 trillion last year, while the Arab countries accounted for 4% of $ 1.46 trillion.

The value of commodity imports to the world amounted to about 17.8 trillion dollars during the same year, Arab countries acquired about 706 billion dollars of them during the year.

While the value of world exports about 17.6 trillion dollars, of which about 749 billion dollars only, was the share of Arab countries.

According to the statement by the Arab Organization for Investment Guarantee and Export Credit, Saudi Arabia and the UAE were the top two countries in the Arab countries in terms of value of imports, exceeding $ 397 billion, and 56% of the total Arab countries, amounting to $ 706 billion.

Iraq ranked third after Saudi Arabia with a value of about $ 68 billion, Kuwait with more than $ 54 billion, Algeria with $ 35 billion, Oman with more than $ 28 billion, Egypt with more than $ 25 billion, Morocco with about $ 25 billion, Libya $ 17 billion, and Tunisia $ 14 billion.

The exports of Bahrain and Jordan amounted to more than $ 7 billion each, Lebanon $ 3 billion, Sudan's exports reached $ 2 billion, Mauritania $ 2 billion, Yemen $ 1.6 billion, Syria $ 695 million, Somalia $ 258 million, Djibouti $ 148 million , And Palestine $ 103 million.

The UAE ranked first in the Arab countries with a value of $ 204.3 billion, representing 28.9 percent of the Arab countries, while Saudi Arabia came second with $ 126.7 billion, or 18 percent of the total. Arabic.
Egypt came third with $ 66.3 billion, followed by Algeria with $ 46 billion, Morocco with $ 45 billion, Kuwait with $ 33.6 billion and Iraq with $ 32.5 billion.

Jordan received $ 20.4 billion worth of goods, followed by Oman with $ 20.1 billion, Tunisia with $ 19.4 billion and Lebanon with $ 17.3 billion.

The imports of Bahrain amounted to 9.5 billion dollars, followed by Libya with 8.2 billion dollars. The value of goods imported to Sudan reached 7.7 billion dollars, Yemen reached 6.6 billion dollars, Syria imported 4.8 billion dollars, followed by Djibouti with 4.2 billion dollars. Somalia $ 2.5 billion, then Palestine worth more than one billion dollars.

http://economy-news.net/content.php?id=13366
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