Iraq News - Local News - Baghdadpost

Iraq was Iran's #1 export destination over last 7 months


Iraq was the first destination of Iranian exports over the past seven months, according to the assistant head of the Iranian Trade Development Organization, Mohammad Reza Mudoudi.

The exports of Iranian goods to Iraq in the past seven months increased by 55 percent and amounted to $5.7 billion, Mudoudi said.

Despite the restrictions, exports to China have increased by 11 percent in terms of value, making China the second most important destination for Iran's exports, he said.

Mudoudi pointed out that non-oil exports during the past seven months reached $27.2 billion, indicating a 13-percent increase in value.

He pointed out that the value of exports of condensate and petrochemical products amounted to about $11 billion, while the value of industrial sector exports amounted to $12.4 billion.

If we move forward in this direction, foreign currency will be provided, and we will not face any problem concerning the supply of commodities, Mudoudi said.


Last Modified: Thursday، 15 November 2018 01:01 AM