Iraq imports goods from Mexico worth more than $9 million, highlighting trade links between the two countries. Official trade data showed that Iraq purchased a wide range of products from Mexico during 2024.
Mechanical products and machinery ranked first on the list. Iraq imported $5.24 million of this category, which made up the largest share. Right after that, electrical equipment and parts followed with $3.53 million in value.
Iraq imports goods from Mexico also included vehicles. The report stated that imports of vehicles, excluding railway cars, reached $470,000. In addition, Iraq bought basic metal products worth $218,000. These categories reflect Iraq’s demand for industrial and technical goods to support its growing economy.
Despite these inflows, Iraq did not send any exports to Mexico during the same period. This created a one-sided trade relationship, with Mexico supplying Iraq but not receiving goods in return.
Iraq imports goods from Mexico underline the importance of diversifying supply chains. Trade experts believe that these imports help Iraq strengthen its infrastructure, industry, and technology use. However, the lack of exports to Mexico also signals an opportunity for Iraq to expand its reach into new markets.
By strategically focusing on key sectors such as agriculture, petrochemicals, and construction materials, Iraq has the potential to gradually rebalance its trade relationship with Mexico in the coming years. These industries offer promising opportunities for Iraq to develop competitive export capacities that could appeal to the Mexican market. However, based on current data, Iraq continues to function primarily as an importer in this bilateral relationship, without yet having established a significant or consistent export channel to Mexico.