TEHRAN – Islamic Republic of Iran Customs Administration (IRICA) has reported that the country exported $4 billion worth of gas to neighboring Iraq in the last Persian calendar year of 1401 (March 21, 2022 to March 20, 2023), according to the
The value of trade exchanges with neighboring Iraq reached from $10.096 million in 1400 (March 21, 2021 to March 20, 2022) to $10.501 million in 1401, showing a four percent growth compared to a year earlier, IRICA reported.
The total volume of trade exchanges between Iran and Iraq (non-oil exports and imports) exceeded 27,437 tons, valued at $10.501 million, from March 21, 2022 to March 20, 2023, IRICA added.
Meanwhile, Iran’s balance of trade with Iraq hit $9,974 million in this timespan, it said.
Natural gas, ferrous or steel bars, tomato, components of steam-operated turbines, light lubricants, and byproducts except gasoline, kitchenware, iron ingot and polyethylene were of the main products exported from Iran to Iraq in this period, IRICA continued.