Iran’s Non-Oil Exports to Iraq Exceeds $4bln

Iran has exported more than $4.4 billion to Iraq in the first ten months of the current Iranian year (March 21, 2013-January 20, 2014), a trade official announced on Wednesday.
“A sum of $4.40787 billion worth in goods has been exported to Iraq (from Iran),” Trade Promotion Organization (TPO)’s Director for Trade with Iraq Majid Qorbanifaraz said, addressing a conference in the Western city of Kermanshah titled trade and investment opportunities in Iraq.

He said that export of cement to Iraq ranks first compared with other commodities, adding that a total of 185 cars have also been exported to Iraq.

Qorbanifaraz noted that tiles are the second most exported commodity to Iraq after cement.

Iran exported 51.2mln tons of non-oil goods, excluding liquefied gas, worth $19.7bln in the first eight months of the current Iranian calendar year (March 21, November 20, 2013).

The figure is marking 12 percent increase in terms of weight, a report said on Sunday.

Meanwhile, Iran has imported over 28.2mln tons of commodities, worth $18.9bln, in the same period.

The figure is indicating a 23-percent rise in terms of value compared to the corresponding period last year.

China, Iraq, the United Arab Emirates, India, and Afghanistan were the main importers of non-oil products from Iran. They imported goods from Iran valued at $4.252bln, $3.870bln, $2.318bln, $1.659bln, and $1.639bln respectively during the mentioned period.