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Turkish exports to Iraq drop 26.5% in May

Shafaq News 2026/07/01 00:01

Shafaq News- Baghdad/ Ankara

Turkiye's exports to Iraq fell to $821.3 million in May 2026 from$1.118 billion a year earlier, Turkish Statistical Institute data showed onTuesday.

The year-on-year decline reached 26.5%, while Iraq's share ofTurkiye's total exports slipped from 4.5% to 3.7%. During the first five monthsof 2026, Turkish exports to Iraq totaled $3.977 billion, compared with $4.870billion in the corresponding period of 2025, marking an overall decline of18.3%.

Despite the slowdown, Iraq retained its position as Turkiye'sseventh-largest export destination, ranking behind Germany, the United States,the United Kingdom, Italy, Spain, and France.

Read full story at source (Shafaq News)