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HomeTradeIraq Strengthens Trade Ties: Iraq Among Top Importers of Turkish Goods

Iraq Strengthens Trade Ties: Iraq Among Top Importers of Turkish Goods

Iraq among top importers continued to boost its trade relationship with Turkiye by increasing imports in recent months. In May alone, Iraq imported over $1.1 billion worth of Turkish products. This strong trade figure placed Iraq as the fifth-largest importer of Turkish goods during the month.

Additionally, the latest data came from the Turkish Statistical Institute. It showed Turkiye’s total exports reached $24.82 billion in May. This marked a 2.6% increase compared to the same month last year. At the same time, Turkish imports grew to $31.46 billion, which also reflected a 2.7% annual rise.

Therefore, Germany topped the list of export destinations for Turkish goods. It imported $2.1 billion in products from Turkiye. The United Kingdom came second with $1.52 billion, followed closely by the United States at $1.51 billion. Italy ranked fourth with $1.22 billion. Iraq claimed the fifth spot with $1.12 billion in imports.

Moreover, Iraq among top importers clearly defines this growing trade role. In fact, the top five countries together received over 30% of all Turkish exports for the month. This concentration of trade highlights strong and stable partnerships between Turkiye and these nations.

Not only did Iraq secure a top position for May, but it also remained a key importer for the entire first third of the year. Iraq among top importers continued to appear in regular trade reviews. Iraqi businesses increasingly rely on Turkish goods across many sectors. This includes food, machinery, textiles, and construction materials.

Many Iraqi traders see Turkish products as affordable and reliable. As a result, Turkish exports flow easily into Iraqi markets through strong land and commercial links. The phrase Iraq among top importers now signals deeper economic ties between the two neighbors.

As trade volume grows, officials from both countries aim to expand cooperation. They plan to improve transport networks and customs coordination. Many business leaders also support this direction. They believe it will benefit industries and consumers in both countries.

This upward trade trend reflects regional economic strength. Iraq’s position among the top importers shows clear economic momentum and strategic interest in Turkish goods.