2026-06-03T18:50:27+00:00
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Shafaq News- Baghdad
Trade between Iraq and Jordan fell by 30% in the first
quarter of 2026, dropping to $479 million from $684 million in the same period
last year, an economic expert said.
Manar Al-Obaidi, the head of the Future Iraq Foundation for
Economic Studies and Consultations, said on Tuesday that Jordanian exports to
Iraq declined by 12% year-on-year, while the value of re-exports from Jordan to
Iraq dropped by 38%.
Iraqi exports to Jordan recorded the sharpest decline,
plunging by 73% from $73 million in the first quarter of 2025 to just $20
million in the corresponding period of 2026.
Jordan’s main exports to Iraq include fertilizers, medical
supplies, pharmaceuticals, and food products, while Iraqi exports to Jordan are
largely concentrated in crude oil and petroleum derivatives, according to
Al-Obaidi.
Iraq imported $265 million worth of Jordanian goods during
the first four months of 2026, retaining its position as the leading
destination for Jordanian exports, according to the Amman Chamber of Commerce.