Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) revealed on Thursday that the country’s imports during the first half of 2025 surpassed $40 billion.
According to a report released by the CBI, Iraq’s imports between January and June 2025 were $41.99 billion, with both governmental and private sectors contributing to the total, Shafaq News reported.
Iraq’s public sector imports totaled $3.19 billion, whereas private sector imports were $38.8 billion.
On Tuesday, the CBI said that the country’s imports of goods in 2024 increased by 24 percent compared to 2023, reaching $87.41 billion.
In 2023, Iraq’s imports totaled $65.82 billion, a 36.8 percent increase compared to 2022, when imports hit $55.19 billion.
The country’s imports include machinery, transport equipment, manufactured goods, fuels, lubricants, chemicals, and foodstuffs.
According to Trading Economics, Iraq has been accumulating trade surpluses since 2005 as a result of increased oil exports.
Iraq’s key commercial partners are the United States, China, Syria, India, and South Korea.
