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Iraq to import $630 million worth of Japanese cars in 2023
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Economy News - Baghdad
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Added 2024/07/18 - 5:49 PM
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Toyota car collection
Toyota car collection
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Economy News - Baghdad
Iraq imported more than $630 million worth of Japanese cars last year, according to Trademap, a website that specializes in providing international trade data.
The website revealed statistics, reviewed by "Al-Eqtisad News", that "the value of imports from Japan amounted to 849.357 million dollars, with a growth rate of 8% since 2017."
The website explained that "vehicles came in first place with a value of $630.260 million, followed by mechanical equipment with a value of $78.500 million, steel and iron products with a value of $71 million, and rubber and its products with a value of $31 million."
On the other hand, exports from Iraq to Japan were worth $29.029 million, witnessing a 20% decrease during the same period from 2017 to 2023.
Exports focused on 7 main materials, including mineral fuels and their products worth $28,930 thousand, and artworks and antiquities worth $45 thousand.
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