Iraq News Now

Iraq ranks fourth among top importers from Turkiye in October

Iraq ranks fourth among top importers from Turkiye in October
Iraq ranks fourth among top importers from Turkiye in October

2024-11-30 14:40:28 - From: Shafaq News


Shafaq News/ Iraq ranked fourth among the top importers of Turkish goodsin October, with Turkish exports rising by 3.1% compared to the same month lastyear, the Turkish Statistical Institute (TURKSTAT) announced on Saturday.

In its monthly report, the Institute revealed that Turkiye's exports inOctober 2024 amounted to $23.5 billion, marking a 3.1% increase from October2023, while imports remained steady at $29.4 billion.

Germany topped the list of export destinations with $1.795 billion,followed by the United States with $1.562 billion and the United Kingdom with$1.294 billion. Iraq ranked fourth, importing $1.236 billion worth of goods,followed by Italy with $1.159 billion. Together, these five countries accountedfor 30% of total exports for the month.

Iraq imports most of its goods, including food and other products, fromneighboring countries, particularly Turkiye and Iran, with a smaller percentagecoming from Gulf countries and Jordan.