24.2 C
Iraq
Thursday, October 30, 2025

Al Busttan Signs Contract with TotalEnergies for Ratawi Development

Al Busttan has signed a major contract with TotalEnergies to support the Ratawi oil field redevelopment in Iraq. The deal marks a significant step...
HomeTradeIraq Leads Arab Importers of Turkish Goods

Iraq Leads Arab Importers of Turkish Goods

Iraq maintained its position as the top Arab importer of Turkish goods, showing strong trade links between the two countries. According to official figures, Iraq purchased Turkish products worth $7.57 billion, reflecting continued demand across multiple sectors. This Turkish imports lead trade performance demonstrates Iraq’s growing reliance on Turkish exports to meet domestic needs.

The United Arab Emirates ranked second among Arab importers, with $6.67 billion in Turkish goods, followed by Morocco with $2.84 billion. Egypt imported $2.57 billion, while Saudi Arabia brought in $2.20 billion. Despite a slight decline from last year’s $8.35 billion, Iraq still leads regional trade, emphasizing its role as the largest Arab importer of Turkish goods.

Iraq imported a wide variety of products from Turkey. These included gold, precious stones, fresh fruits, vegetables, machinery, electrical equipment, plastics, furniture, and meat. Analysts note that the diversity of imports supports Iraq’s economic activity, industrial development, and domestic consumption. In addition, Turkish goods help fill market gaps and provide quality alternatives for Iraqi consumers.

Trade experts highlight that Iraq’s position as the largest Arab importer of Turkish goods reflects stable bilateral relations, efficient logistics, and competitive pricing. The Iraqi government encourages continued cooperation to ensure supply chains remain smooth and reliable. Turkish exporters have also expanded partnerships with Iraqi distributors, increasing accessibility across major cities.

Furthermore, Iraq’s Turkish imports lead trends influence investment decisions and regional trade policies. Continuous imports of machinery, electrical products, and industrial materials indicate opportunities for local manufacturing and small businesses. Observers expect Iraq to maintain its leadership in Arab imports of Turkish goods, as trade ties deepen and demand grows.