Iraq exports more than $7 billion annually to the United States.
Iraq exports more than $7 billion annually to the United States.
2025-04-05 02:10
Shafaq News/ The US Bureau of Commerce revealed that Iraqi exports to the United States amounted to more than $7 billion annually.
The office stated in statistics reviewed by Shafaq News Agency that “the value of Iraqi exports of goods to the United States amounts to an average of 7 billion and 420 million dollars annually,” noting that “the United States imposed a customs tariff on Iraq amounting to 39%.”
She added that “the share of Iraqi goods in total US imports from countries around the world is equal to 0.22%,” noting that “the value of the trade balance is equal to $5.70 billion.”
The trade balance is the difference between the value of goods a country exports and the value of goods it imports. If exports exceed imports, the country has a trade surplus and the trade balance is said to be positive.
shafaq.com
