Kurdistan Region: Iran’s main export gateway to Iraq

Financial Tribune – After the coronavirus outbreak, trade between Iran and Iraq was restricted to border crossings with the Kurdish region, but on Thursday, Mehran border crossing, the main trade gate between Iran and Iraq, reopened

About 8.1 million tons of goods worth $3.8 billion were exported from Iran to Iraq through the Iraqi Kurdistan Region during the last fiscal year that ended on March 19, according to the spokesman of the Islamic Republic of Iran Customs Administration.

“Exports account for 42% of Iran’s total exports to Iraq in terms of value and for over 31% in terms of tonnage during the period under review,” Rouhollah Latifi was quoted as saying by Mehr News Agency.

Parvizkhan border crossing had a share of more than 3 million tons worth $1.4 billion, followed by Bashmaq with $1.12 billion and Tamarchin border crossing with $754 million.