Iran and Iraq traded 11.62 million tons of goods worth $4.14 billion during the first eight months of the current Iranian year (March 21-Nov. 21), according to the spokesperson of the Islamic Republic of Iran Customs Administration.
Iran’s exports hit $4.02 billion, registering a 26.5% fall compared with the corresponding period of last year.
“Exports to Iraq declined by 42% [in terms of weight] compared with the last year’s same period,” Morteza Emadi was quoted as saying by IRIB News.
Ceramic products, dairy products and light oils were the main exported products.
Iran’s imports from the neighboring country stood at $111.84 million during the period to register an 82% decline in terms of value.
According to the official, imports from Iraq have declined by 99% in terms of weight.
The main imported products were auto tires, cement and fabrics.