Iraq’s trade with Turkiye continues to grow rapidly. In just three months, Iraq became the fifth-largest buyer of Turkish products. This increase highlights Iraq’s growing demand for goods from its northern neighbor.
During this period, Turkiye’s total exports reached $86.1 billion. This marked a 3.7% rise compared to the same timeframe the year before. Meanwhile, Turkish imports also increased. They grew by 6.6%, reaching a total of $120.7 billion. This steady trade growth shows strong economic activity on both sides.
Germany stood as Turkiye’s top export destination. It bought $7.1 billion worth of goods. The United Kingdom followed with $5.38 billion. Next came the United States at $5.13 billion, and Italy at $4.35 billion. Right after them, Iraq secured its place with $3.76 billion in Turkish imports.
Clearly, Iraq’s trade with Turkiye remains a central part of the country’s economic strategy. Iraq continues to rely on goods from neighboring countries. Among them, Turkiye and Iran play the largest roles. Iraq also imports goods from Gulf states and Jordan. However, these sources contribute far less.
This trade pattern reflects Iraq’s geographic and economic realities. Turkiye provides a wide range of products. Many Iraqi sectors depend on these imports to meet daily needs. From machinery to food, Turkiye serves as a vital supplier.
Moreover, Iraq’s trade with Turkiye boosts regional cooperation. As trade flows rise, transportation and logistics links improve. This strengthens infrastructure, encourages investment, and creates more job opportunities. These benefits contribute to regional stability.
At the same time, Iraq’s government continues to seek trade diversification. While strong ties with Turkiye and Iran remain, officials are exploring other markets. Gulf countries and Jordan offer potential, but the volume stays modest for now.
In conclusion, Iraq’s trade with Turkiye reflects a long-standing economic bond. This partnership not only supports Iraq’s domestic needs but also fosters growth across the region. With increasing exports and stable demand, this relationship will likely grow even stronger in the coming months.