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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq's trade surplus has declined by 69% since the beginning of this year

    Rocky
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    Iraq's trade surplus has declined by 69% since the beginning of this year Empty Iraq's trade surplus has declined by 69% since the beginning of this year

    Post by Rocky Tue 05 Dec 2023, 6:53 am

    [size=35][size=35]Iraq's trade surplus has declined by 69% since the beginning of this year[/size]
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    Economy

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    2023-12-05 | 06:23
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    Al-Sumaria News - Economy

    The trade balance surplus in favor of Iraq continues to decline since the beginning of the current year 2023, until the end of the third quarter of the year in September 2023.


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    The trade balance surplus is the amounts remaining for [You must be registered and logged in to see this link.] after subtracting the amounts that [You must be registered and logged in to see this link.] imports from the amounts of money it receives as a result of exports, and it becomes clear through it whether the trade balance of the specific country is positive or negative, meaning that it spends more on imports than it exports or vice versa.


     
    According to the statistics of the Trading Economics platform, which was followed by Al-Sumaria News, the trade balance surplus in the first quarter of this year was in favor of [You must be registered and logged in to see this link.], amounting to 17.7 billion dollars.
     
    As for the second quarter, the surplus decreased to 15.3 billion dollars, and in the third quarter the surplus decreased by 12.2 billion dollars, which means that it has decreased by 69% since the beginning of the year until now.
     
    It is expected that this decrease in the trade balance surplus came after the recent increase in the volume of imports and the increase in the volume of the Central Bank’s dollar sales compared to the first months of this year, when remittances were relatively restricted, which led to a reduction in the difference between import and export.

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