Turkish Exports to Iraq Exceed $13 Billion in 2024
The Turkish Statistics Authority has reported that the value of Turkish exports to Iraq reached over $13 billion in the year 2024. This data underscores the strong trade relationship between the two nations and highlights Turkey’s strategic position as a key trade partner for Iraq.
Economic Context
The significant export figures reflect ongoing economic ties, with various sectors contributing to this robust trade volume. The Turkish government has been actively pursuing policies to enhance bilateral trade and investment, recognizing the potential for further growth in this dynamic market.
Trade Dynamics
This development comes amidst a broader context of increasing economic activity and trade cooperation in the region. The figures indicate a positive trend, as Turkey continues to cement its role as a critical supplier to the Iraqi market.
Conclusion
As both countries explore avenues for deeper economic integration, continued analysis and monitoring of trade patterns will be essential in understanding the evolving landscape of their trade relations. The notable export figure not only illustrates the current state of Turkish-Iraqi trade but also sets a promising foundation for the future.