Iraq’s imports of goods amounted to about $90 billion during the year.
The Central Bank of Iraq revealed on Thursday that Iraq’s imports of goods from around the world will exceed $87 billion in 2024.
The bank stated in statistics reviewed by Shafaq News Agency that “the value of imported goods reached $87.410 billion, a 32.78 percent increase compared to 2023, when the value of Iraqi imports reached $65.826 billion.”
He added that “Asian countries came first in terms of the value of imports, which amounted to $59.045 billion, followed by Western European countries with a value of $11.058 billion.”
The statistics continued, “Arab countries came in third with a value of $9.073 billion, South American countries came in fourth with a value of $4.082 billion, and North American countries came in fifth with a value of $2.736 billion.”
She also indicated that imports from Eastern Europe amounted to $1.031 billion, from Oceania countries $140 million, from non-Arab African countries $131 million, and finally from Central American countries $114 million.
According to the bank, the top imports included transportation equipment and machinery valued at $33.653 billion, followed by miscellaneous goods valued at $13.811 billion, manufactured goods valued at $9.965 billion, mineral fuels valued at $8.566 billion, and food products valued at $4.720 billion.
On Tuesday, August 26, Prime Minister Mohammed Shia al-Sudani estimated the financial value of Iraq’s imported goods at more than $70 billion in 2025.
Shafaq.com