Turkish Exports to Iraq Exceed $13 Billion in 2024
The Turkish Statistical Authority has reported that Turkish exports to Iraq reached over $13 billion in 2024. Specifically, the total value of these exports amounted to $13,034,364,000, marking a 4.38% increase compared to the previous year, which recorded exports of $12,759,358,000. However, this figure represents a decline of 5.49% from the 2022 export value of $13,750,276,000.
Iraq has secured its position as the fourth-largest recipient of Turkish exports globally, contributing 5% to Turkey’s total exports.
In terms of global rankings for Turkish exports, Germany leads the pack, with a total export value of $20,434,000,000. The United States follows in second place, recording exports worth $15,348,000,000, while the United Kingdom is in third place with $15,289,000,000 in exports.
Summary of Turkish Exports in 2024
Country | Export Value (USD) |
---|---|
Germany | 20,434,000,000 |
United States | 15,348,000,000 |
United Kingdom | 15,289,000,000 |
Iraq | 13,034,364,000 |
This data underscores the importance of the Iraqi market to Turkey’s export economy, despite fluctuations in the figures over the past few years.