TEHRAN – The director general of the West Asia department of the Trade Promotion Organization of Iran (TPOI) Farzad Piltan has put the country’s export of products to neighboring Iraq in the previous Iranian calendar year of 1401 (March 21, 2022 to March 20, 2023) at over $10 billion.
The record of Iran’s export of products to Iraq was broken last year, Piltan emphasized.
According to the statistics of the Islamic Republic of Iran Customs Administration (IRICA), Iran exported more than $10 billion worth of products to neighboring Iraq last year, which is an unprecedented record, he stated.
Piltan said it shows a nearly 15 percent rise as compared to the previous year.
Iran exported products including natural gas, steel ingots, dairy and plastic products, fertilizer, urea, orange, egg and sponge, pipe and profile, types of transformers and also mining and mineral products to Iraq last year, he added.
Piltan went on to say that Iraq is considered one of the strategic partners of the Islamic Republic of Iran in the field of foreign trade.
Iran imported about $200 million worth of products from Iraq in the previous year.