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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Thanks to oil, the trade balance is tilted towards Iraq by 78% at the expense of China

    Rocky
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    Thanks to oil, the trade balance is tilted towards Iraq by 78% at the expense of China Empty Thanks to oil, the trade balance is tilted towards Iraq by 78% at the expense of China

    Post by Rocky Tue 22 Nov 2022, 5:50 am


    [size=30]Thanks to oil, the trade balance is tilted towards Iraq by 78% at the expense of China

    2022-11-22
    [/size]
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    Yes Iraq: Baghdad

    The Chinese embassy in Iraq revealed today, Tuesday, the volume of trade exchange between the two countries during the 9 months of this year, as it was found that the balance is tilted towards Iraq by 73%.
    The Chinese embassy said in tweets on its official website, which was viewed by “Yass Iraq”, that “the volume of trade exchange between Iraq and China from the beginning of this year until September amounted to 38.82 billion dollars, an increase of more than 44%, which makes Iraq the third largest trading partner with China in western Iraq.” Asia and North Africa".
    And she added, "Iraq's exports to China of crude oil amounted to 28.6 billion dollars, an increase of more than 50% on an annual basis, which makes Iraq the second largest supplier of oil to China in the West Asia and North Africa region."
    Accordingly, this means that Iraq imported more than 10 billion dollars from China during 9 months, at a rate of more than 1.1 billion dollars per month, while it means that Iraq exported oil to China at a value of 3.1 billion dollars per month, that is, it exported more than one million barrels per day to China.
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