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Iran exports metal products worth over $1B to Iraq

Business Materials 19 June 2019 17:04 (UTC +04:00)

Baku, Azerbaijan, June 19

By Elnur Baghishov - Trend:

This Iranian year (started March 21, 2019), Iran exported metal products worth $1.13 billion to Iraq, Secretary General of Iran-Iraq Joint Chamber of Commerce Hamid Hosseini said, Trend reports with reference to IRNA.

He said that last year, Iran exported metal products worth $450 million to Iraq. He added that in total, Iran exported goods worth $8.7 billion last Iranian year (March 21, 2018-March 20, 2019), surpassing China and Turkey in exports to Iraq.

“Iran exports all kinds of products to Iraq,” he said. “Iran’s participation in the Iraqi market can be long-lasting, if exports are provided alongside services.”

According to the latest report by Iran’s Trade Promotion Organization, from March 21 to April 20, 2019, Iran exported products worth $389 million to Iraq, while value the goods imported from Iraq amounted to $6 million.

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