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Iran continues to export products to Iraq, while many borders closed

Business Materials 7 May 2020 14:50 (UTC +04:00)

BAKU, Azerbaijan, May 7

By Elnur Baghishov - Trend

More than 870,000 tons of products worth $259 million were exported from Iran to Iraq via Kurdish autonomy of iraq in the first month of the current Iranian year from March 20 through April 19, 2020, said Spokesman for Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, Trend reports citing IRICA.

According to Latifi, the export continues despite the fact that many borders between the two countries are closed due to the coronavirus.

Latifi added that 25.6 million tons of products worth $8.99 billion were exported from Iran to Iraq last Iranian year (from March 21, 2019 to March 20, 2020).

The official said that last year, Iraq ranked second in Iran's exports after China.

"About 8.1 million tons of products worth $3.78 billion were exported from Iran to Iraq via the Kurdish Autonomy of Iraq. This amounts to 42 percent of Iran's exports to Iraq in terms of value and 31 percent in terms of weight," he said.

Latifi said that last year, Iran exported products worth $1.4 billion to Iraq via the Parvizkhan border customs, products worth $1.12 billion via the Bashmaq border customs and products worth $754 million via the Tamarchin border customs.

The official noted that all border markets were also active last year.

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