Iraq's imports increase in 2024, Central Bank reports
2024-12-05T07:42:26+00:00
Shafaq News/ Iraq's imports climbed significantly in 2024, according to a report by the Central Bank of Iraq.
The bank's economic report revealed that the country's imports surged by 158.1% in the first quarter of 2024 compared to the same period last year.
The report also showed a 32% rise in imports from Turkiye during the first quarter of 2024, placing it as the second-largest exporter of fruits and vegetables to Iraq.
Additionally, capital goods imports saw a massive increase of 294.7%, while consumer goods imports rose by 93%.
On the other hand, imports of petroleum products decreased by 8.1%, and imports related to government supplies and printing fell sharply by 93.7% and 81.3%, respectively.
