Iraq Brazil trade recorded a noticeable decline during the second quarter of 2026 as Iraq reduced its imports from the South American nation. New trade figures show that the total value of Brazilian exports to Iraq fell significantly compared with the previous quarter. Despite the decline, Brazil remained an important supplier of food products, livestock, and agricultural commodities to the Iraqi market. The latest data reflects shifting import trends while trade relations between the two countries continue.
According to figures released by Brazil’s Ministry of Development, Industry, Trade and Services, Iraqi imports from Brazil totaled $208 million during the second quarter of 2026. In the first quarter, imports reached $333 million. The decline of 37.5 percent marks a substantial reduction in trade over a three-month period. Analysts will continue monitoring whether this trend extends into the second half of the year.
Sugar remained Brazil’s largest export to Iraq during the quarter. Shipments of cane or beet sugar and chemically pure sucrose reached approximately $70 million. These products continue to play an important role in Iraq’s food supply chain. Strong demand for agricultural goods has traditionally supported trade between the two countries.
Live cattle ranked as the second-largest export category, totaling around $58 million. Soybean exports followed with an estimated value of $40 million, while poultry meat reached approximately $35 million. These commodities continue supporting Iraq’s food security and agricultural supply needs. Brazilian agricultural exports remain competitive in regional markets.
Several smaller product categories also contributed to bilateral trade. Iraq imported frozen beef worth about $2.8 millionand manufactured tobacco valued at $1.4 million. Additional imports included hair care products, prepared meat products, orthopedic and medical devices, and equipment used for spraying liquids or powders. Although these categories represented smaller values, they demonstrate the diversity of goods entering Iraq from Brazil.
Trade data also highlights the imbalance between exports and imports. Earlier international trade statistics showed that Iraq exported only about $3.06 million worth of goods to Brazil during 2025. In contrast, Brazilian exports to Iraq remained substantially higher. This gap illustrates the uneven nature of commercial exchange between the two countries.
Looking ahead, Iraq Brazil trade may fluctuate depending on market demand, commodity prices, and purchasing patterns. Economic conditions and global agricultural markets could also influence future trade volumes. Businesses in both countries will continue monitoring opportunities to strengthen commercial cooperation. Expanding two-way trade remains an important objective for long-term economic relations.
Although imports declined during the second quarter, Brazil continues to serve as an important supplier of food and agricultural products to Iraq. Future growth will likely depend on broader economic conditions and evolving trade policies. As commercial ties develop, Iraq Brazil trade will remain an important indicator of economic cooperation between the two nations.