The value of Iran’s exports to Iraq will reach $ 9 billion by the end of the year

Seyed Hamid Hosseini said وگو With the economic correspondent of Fars News Agency about the latest situation of Iran’s trade with Iraq, he said: considering the situation this year coronavirus It has become more normal and the traffic between the two countries has improved, and also the income situation of the Iraqi government has increased sharply. Both our exports to Iraq and our imports from this country have increased, and we will return to the trade situation of two years ago by the end of the year.

Board member Director The Iran-Iraq Joint Chamber added: “In February of this year, Iran’s exports to other countries increased, and while the 10-month average was $ 3.8 billion, the average export reached $ 4.750 billion in February.”

“Our exports to Iraq are expected to reach $ 9 billion by the end of this year,” he said. Found.

Hosseini, stating that there is an increase in exports in all markets, said: “Part of the increase in exports is due to rising base prices in energy, gas and steel products, and part is a sharp increase in the price of transportation in the world.” So different countries instead of importing their necessities from China or Hong KongKong They prefer to import from neighboring and closer countries to reduce the cost of their imported goods.

Noting that $ 1 billion worth of goods have been imported from Iraq this year, he said: “The value of foreign trade between Iran and Iraq is expected to reach $ 12 billion by the end of the year.”

Board member Director Regarding the export of transit goods to Iraq, the Iran-Iraq Joint Chamber said: “About 4 to 5 billion dollars of transit goods are exported to Iraq annually, which is not included in our export statistics, but countries like Turkey also include the export of transit goods in their trade figures.” they do.

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