Iran’s Trade Promotion Organization has announced itself as the major steel and other mineral exporter to Iraq in 2013. Iran’s state news agency IRNA report quoted the Organization’s publications showing that Turkey, Ukraine, China, Jordan, Italy, India, Russia, South Korea, Germany and Czech Republic as Iran’s major rival countries in exporting steel and iron to Iraq.

In 2013 Iran exported steel worth $187.3mn, constituting only 3 per cent of Iran’s total exports to Iraq.

Iran competed with Turkey, Pakistan, India, Oman, China, Jordan, Spain, Egypt, the US, and Saudi Arabia in exporting salt, sulfur, and other ores, with exports worth $716mn of ores, which was a 11.8 share in Iran’s total exports to Iraq in 2013.

In export of ceramic products, Iran competed for Iraqi market with China, Turkey, Spain, India, Germany, Egypt, Italy, Austria, Britain and the US; Iran’s ceramic exports to Iraq totalled $437mn, which was 7.2 per cent of total exports to Iraq. In exports of finishd steel products (steel girders and rebar), Iran was in thrid place, with Turkey, China, Italy, South Korea, India, Germany, Saudi Arabia, Jordan, Russia, and Brazil as rivals in finished steel and iron markets.

Iran exports to Iraq total $12bn annually, and government projections estimate the fiture would rise to $26bn.

Figures provided by Iran’s Customs Office indicate that in fiscal year ending in March 21, 2013, Iran’s non-oil exports totalled 93 million tones, worth $41.7bn, which displayed a growth in weight, of 16.7 per cent and in value of 0.4 per cent compared to that in the year before.

Source:en.mehrnews.com