Iraq is the second largest importer of Iranian goods

A border crossing between Iraq and Iran
 
10/11/2020

Economy News - Baghdad

Iran announced, on Sunday, that it has achieved more than $ 5 billion through its foreign trade within 3 months, of which $ 565 million is through its joint outlets with Iraq. 

A spokesman for the Iranian Customs Authority, Ruhollah Latifi, said in a statement reported by "IRNA" and seen by "Al-Eqtisad News", that "about 11 million tons have been exported, a value of $ 5 billion and 767 million, which shows an increase in the export sector by 24 per cent." Cent compared to the previous month. " 

Latifi added, "The share of exports was 8 million and 252 thousand tons, amounting to two billion and 691 million dollars, while the share of imports amounted to 2 million 690 thousand tons of goods with a value of 3 billion and 76 million dollars."

He pointed out that "exports this month showed an increase of 6% in terms of weight and 24.5% in terms of value, which indicates the return to normal trade after the Corona crisis and the closure of the borders." 

With regard to the five export destinations of Iranian goods, Latifi said, "China was the first destination to export Iranian goods last September, as the volume of exported goods reached two million and 267 thousand tons of total exports, a value of $ 669 million, followed by Iraq in second place in volume. One million and 415 thousand tons and a value of $ 565 million, while each of the Emirates came in the size of one million and 215 thousand tons at a value of 379 million dollars, Afghanistan with 704 thousand tons at a value of 232 million dollars, and Turkey with 380 thousand tons at a value of 218 million dollars, in the third ranks. And the fourth and fifth, respectively. " 

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