Tehran, Iran — Iran exported $2.9 billion worth of non-oil products to Iraq in the first four months of the current Iranian calendar year, an official with the Trade Promotion Organization of Iran (TPOI) said, adding that the country’s export to Iraq will reach $10.5 billion by the yearend.
Iran’s export of non-oil products to neighboring Iraq has registered a 23 percent growth in the four-month period compared to last year’s corresponding period, Director General of the TPOI for West Asian Affairs Farzad Piltan said, according to Tasnim agency.
He told Mehr news agency on Tuesday, that Iran exported $541 million worth of products to Iraq in 2022.
Iran’s export of non-oil products to Iraq from March 21 to July 22, 2023, showed about 23 percent growth compared to last year’s corresponding period, Piltan continued.
Elsewhere, he pointed out that Iran imported about $66 million worth of products from March 21 to July 22, 2023, indicating a 16 percent slump compared to the same period last year.
The volume of Iran and Iraq rade exchanges in the first four months of the Persian calendar year stood at about $2.993 billion.
It is predicted that Iran’s export of non-oil products to Iraq will reach $10.5 billion by the end of the current year (March 20, 2024), Piltan said.