Home Iraqi News Turkish exports to Iraq declined by 17% at the beginning of 2026

Turkish exports to Iraq declined by 17% at the beginning of 2026

0
17
Turkish exports to Iraq declined by 17% at the beginning of 2026
Turkish exports to Iraq declined by 17% at the beginning of 2026

trade among Turkey and Iraq witnessed considerable changes at the start of 2026, with Turkish exports declining by means of 17% to reach $1.4 billion, in comparison to $1.74 billion in 2025.

monetary professional Manar al-Ubaidi said in a put up on his fb web page, which became reviewed by way of the records organisation, that “in February, exports reduced from $900 million to $661 million.”

He delivered that “a few Turkish sectors skilled increase, which includes end result, nuts, garb, and precious metals, while the iron and metal, electrical machinery, and plastics sectors suffered sizable losses.”

He pointed out that “on the Iraqi facet, exports to Turkey elevated via 41% to attain $ninety five million, driven through the gas and mineral raw substances sectors. however, the change deficit remains in Turkey’s desire with the aid of more than $1.three billion.”