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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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    An increase in Chinese exports to Iraq during 2023.. Economists reveal the details

    Rocky
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    An increase in Chinese exports to Iraq during 2023.. Economists reveal the details Empty An increase in Chinese exports to Iraq during 2023.. Economists reveal the details

    Post by Rocky Sun 23 Apr 2023, 4:18 pm

    [size=35]An increase in Chinese exports to Iraq during 2023.. Economists reveal the details[/size]
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    Economy


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    2023-04-23 | 12:46



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    Economy


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    2023-04-23 | 12:46
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    Alsumaria News - Economy

    China announced that its exports for the first quarter of the current year 2023 to Iraq increased by 24% compared to the first quarter of 2022, to reach 3.36 billion US dollars, a decline of 19% compared to the fourth quarter of 2022, which reached China's exports to Iraq at the time. A value of 4.15 billion US dollars.


    5 categories of commodities out of 99 commodities represented 51% of the total value of exported commodities, namely:

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    - Electrical appliances represented 22% of the total value of exports.
    Electronic devices accounted for 10% of the total value of exports.


    - Materials manufactured from iron represented 9% of the total value of exports.
    Cars and spare parts for cars represented 5% of the total value of exports.
    Furniture such as 5% of the total value of exports.

    *An annual and quarterly decline in growth,
    said the economist[url=https://www.alsumaria.tv/Entity/1180725589/%D9%85%D9%86%D8%A7%D8%B1 %D8%A7%D9%84%D8%B9%D8%A8%D9%8A%D8%AF%D9%8A/ar/]Manar Al-Obaidi[/url], "The percentage of the value of goods that grew on an annual and quarterly basis amounted to 34%, while the percentage of commodity categories that grew on an annual and quarterly basis reached 16% of the total number of commodity categories, amounting to 99 categories."

    He added, "As for the value of commodities that grew on an annual basis and a quarterly decline, it amounted to 34%, while the percentage of commodity categories that grew on an annual basis and a quarterly decline amounted to 36% of the total number of commodity categories. As for the value of commodities that declined on an annual and quarterly basis, it amounted to 32%. While the percentage of commodity categories that declined on an annual and quarterly basis reached 43% of the total number of commodity categories.

    Al-Obaidi said, "The above figures reflect that, despite the high value of Chinese exports to[You must be registered and logged in to see this link.]However, it seems that these exports are concentrated in commodity categories to the exclusion of others, and that more than 43% of all commodity categories are witnessing an annual and quarterly decline. This decline in the value of exports is due to the difficulty of transferring money during the period that passed to[You must be registered and logged in to see this link.]And the reliance of many merchants on indirect sources of purchase posed a major challenge in transferring this money, which affected the value of Chinese exports to[You must be registered and logged in to see this link.]With 42% of the total commodity categories.”

    He continued, “The value of electrical appliances witnessed an annual growth of 35% and a quarterly growth of 40%. One million dollars, representing 10% of the total Chinese exports, and refrigeration equipment is witnessing a significant increase in exports, as the number of imported refrigeration equipment has grown by 44% compared to the first quarter of last year.[You must be registered and logged in to see this link.]have imported from[You must be registered and logged in to see this link.]Only from the beginning of 2022 until the end of the first quarter of 2023, about 3 million refrigeration devices, with a value of about one billion US dollars.

    As for electronic devices, which represent 10% of total exports and are concentrated specifically on cell phones and televisions, they declined on an annual basis by 7%, while they declined on Materials manufactured from iron increased by 103% on an annual basis, while they declined by 3.36% on a quarterly basis, reaching a value of 289 million US dollars, representing 8.6

    % of the total Chinese exports to Iraq.

    The economist stated that “one of the commodity categories that increased significantly in the first quarter of this year is motor fuel exports, which amounted to 129 million dollars in the first quarter of this year, and the value of prepared fruits and vegetables increased by 542.” % to reach 49 million US dollars. ".



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