The 2nd iraq agrofood in 2020 builds on positive market data
With US$ 48.4 billion, Iraq reports an enormously high trade surplus for 2018
One of the Middle East’s largest importers of agrofood technology
With exports of hydrocarbons worth US$ 87.3 billion and imports worth US$ 38.9 billion, Iraq succeeded in achieving an enormous trade surplus of US$ 48.4 billion in 2018.
For comparison: Iran’s exports of 98.1 billion US$ are faced with imports of 75.5 billion US$, balance +22.6 billion US$ in 2017/18. Algeria’s exports of 35.2 billion US$ are offset by imports of 46.1 billion US$, balance -10.9 billion US$.
For 2019, Iraq’s trade surplus is estimated at 41 billion US$. (All figures GTAI)
Iraq 2019 - impressions
Please click on the photos to see impressions of the show