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Iran has exported 12 million tons of non-oil products worth $5.5bn to Iraq during the 11 months of the current Iranian calendar year (ending on March 20. 2018).
The figure includes 18% of Iran`s total exports. Iran commercial attaché to Iraq Naser Behzad said.
He also referred to Iran-Iraq trade surplus. saying 66% of Iran’s exports are to China. Iraq. the UAE. South Korea and Afghanistan half of which go to China and Iraq.
The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.
The figure is 1.2-fold more compared with exports to other countries.
Experts believe that Iraq enjoying good security and rich oil and financial sources in post-Daesh era is a suitable market for Iranian investors and economic activists.
