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HomeEconomyIraq: 1,000 Tonnes Cooking Oil Export Plan Boosts Iraq Cooking Oil Exports

Iraq: 1,000 Tonnes Cooking Oil Export Plan Boosts Iraq Cooking Oil Exports

Iraq cooking oil exports begin with a 100-tonne shipment to Jordan. Officials confirmed a total contracted volume of 1,000 tonnes. This move signals a new phase for Iraq cooking oil exports.

The General Company for Food Products launched the export process. The company operates under the Ministry of Industry and Minerals. Leaders described the step as part of a broader trade expansion strategy.

The first shipment carried 100 tonnes of cooking oil to Jordan. The oil carries the “Al-Bint” brand name. Workers produced the shipment at the Imam Ali Al-Hadi plant in Maysan province.

Moreover, the company signed a partnership contract with a Bulgarian firm. This agreement supports production, packaging, and export logistics. Officials expect the partnership to strengthen Iraq cooking oil exports in regional markets.

The total contracted export volume reaches 1,000 tonnes. The company will send the remaining 900 tonnes in stages. Each phase will follow a pre-agreed export schedule.

In addition, officials aim to expand exports beyond Jordan. They want to enter more neighboring markets. Therefore, Iraq cooking oil exports could grow further in the coming months.

The Imam Ali Al-Hadi plant plays a central role in this plan. The facility increases domestic production capacity. It also supports quality standards required for international trade.

Furthermore, the export initiative supports Iraq’s industrial diversification efforts. Authorities seek to reduce reliance on oil revenues. They encourage state-owned companies to boost non-oil exports.

Jordan serves as the first destination under this agreement. Trade officials selected the market due to geographic proximity and steady demand. As a result, transportation costs remain manageable.

The company confirmed that production lines operate at stable capacity. Managers continue to monitor quality controls during packaging and shipment. They want to maintain consistent standards for Iraq cooking oil exports.

Economic observers view the move as a positive signal. Export activity strengthens foreign trade balance. It also increases industrial sector activity inside Iraq.

Additionally, this step may create new jobs in production and logistics. It could also encourage further partnerships with international firms. Consequently, Iraq cooking oil exports may contribute to broader industrial growth.

The government continues to support domestic manufacturing initiatives. Officials emphasize the importance of competitive local brands. They believe Iraqi products can compete regionally with proper support.

Overall, the 1,000-tonne export agreement marks a strategic development. The first 100-tonne shipment sets the process in motion. Iraq cooking oil exports now move from planning to execution.