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The volume of Iranian exports to Iraq increased by 23%.
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Economy News-Baghdad
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Added 02/21/2023 - 10:59 AM
Updated 2023/02/21 - 2:10 PM
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Economy News-Baghdad
Iranian Minister of Industry, Mines and Trade, Reza Fatemi Amin, announced that the volume of his country's exports of goods and merchandise to Iraq increased by 23 percent during the first ten months of the Iranian year, which began on March 21, 2022.
Fatemi Amin said in a televised interview that Iran's exports have so far exceeded $50 billion.
Turning to the country's trade situation with neighboring countries, he stated that during the first ten months of this year, exports to Iraq increased by 23%, Turkey by 46%, the Sultanate of Oman by 63%, Russia by 23%, and African countries by more than 20%. .
The Iranian minister continued, by saying that export is important to us for several reasons. The first function of export is to provide the currency to meet the import needs of the country and the ultimate function of export is to achieve international power.
He explained: Last year, 70% of our exports to Russia were agricultural products, but this year, 60% of our exports are industrial goods. In Russia, you can see anti-cancer drugs, Iranian auto parts and turbines.
Views 79
Added 02/21/2023 - 10:59 AM
Updated 2023/02/21 - 2:10 PM
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