Iraq is among China’s top trading partners, with a trade volume exceeding $54 billion.

Iraq is among China’s top trading partners, with a trade volume exceeding $54 billion.

2025-08-21 04:23

Iraq is among Chinas top trading partners with a trade volume exceeding 54 billionShafaq News – Baghdad
A recent report by S&P Global revealed that Iraq ranked among China’s top 20 trading partners in 2024, with a trade volume of approximately $54.2 billion.

According to the report’s data reviewed by Shafaq News Agency, China’s exports to Iraq amounted to approximately $38.2 billion, while its imports from Iraq amounted to approximately $16 billion, making China one of the country’s most prominent trading partners.

The report indicated that total trade between the two countries represents 20.5% of Iraq’s GDP, reflecting an increasing reliance on China as a market and supplier of goods and services.

Iraq is on the list alongside prominent countries such as Saudi Arabia, the UAE, and Brazil, strengthening its position in China’s global trade network.

shafaq.com