Young Journalists Club | Latest news of Iran and world

News ID: 45991
Asia » Asia
Publish Date: 18:51 - 07 May 2020
Tehran, 07 May_Iran says a significant portion of its exports to the neighboring Iraq is handled via the borders to the Arab country’s semi-autonomous region of Kurdistan.

Kurdistan accommodates over 40% of Iran’s exports to Iraq: Customs officeA spokesman of Iran’s customs office said on Wednesday that borders to the Iraqi Kurdistan were responsible for some 42 percent of the value and 31 percent of the volume of Iran’s exports to Iraq over the last calendar year.

Seyyed Rouhollah Latifi said that the total Iranian exports of goods to the Kurdistan Region amounted to 8.103 million metric tons worth $3.768 billion over the 12-month period ending March 19.

Iraq was only second to China in Iran’s list of top export destinations in the last calendar year as the country imported a total 25.688 million ton of Iranian goods and products worth $8.99 billion, according to recent figures published by Iran's customs office.

Exports to Iraq have become a major source of earning hard currency for Iran at a time the country is grappling with a series of American sanctions that have affected its normal oil revenues.

The main gateway for exports to the Iraqi Kurdistan region is the Parvizkhan crossing, located to the north of the city of Qasre Shirin in the Iranian province of Kermanshah, through which some $1.4 billion worth of Iranian export shipments passed over the last calendar year.

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