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Iran announces that the value of trade exchanges with Iraq surpassed $ 5 billion


17 Jun 2012
The value of trade exchange between Iran and Iraq exceeded the barrier of U.S. $ 5 billion during the past Iranian year (ended on March 19 of the past). This came as official statistics have shown interest issued by the customs of Iran. Statistics reported that the value of trade exchange between the two countries over the past year amounted to more than 5 billion and $ 200 million in what appears a growth of 14.9 per cent compared to the value of trade exchange between them during the year before, which was 4 and a half billion dollars. " It explained that "the value of Iran exports to Iraq last year saw a growth of 4. 13 per cent to more than $ 5 billion and $ 100 million, while the value of imports from Iraq increased by 9.161 percent to $ 4.121 Million dollars." The Iran exports cement, gasoline, oils, cars, tractors, steel bars, steel, packing bags, butane and propane (LPG) and household appliances, water chillers and kitchen appliances, shoes, ceramics, dairy products, ice cream, apples, fish, biscuits, tomatoes, cucumbers, melons, plums, kiwi, tomato paste, cheese, bread, peanuts, potatoes, jam and other products to Iraq, while it imports liquid and gaseous hydrocarbons, aluminum waste, copper, aluminum alloy, copper, tires and alloys aromatic hydrocarbons and other products.
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