Latest news with #TURKSTAT
Shafaq News
4 days ago
- Business
- Shafaq News
Iraq tops Arab countries in Turkish imports in 2024
Shafaq News/ Iraq emerged as the top Arab importer of Turkish goods in 2024, according to official data released by the Turkish Statistical Institute (TURKSTAT). Iraqi imports from Turkiye reached $13.002B last year, covering a broad range of products, including gemstones, machinery, electrical devices, plastics, wood, vegetables, fruits, and grains. The UAE secured second place with imports worth $8.205B, while Egypt came third at $4.175B. Saudi Arabia and Morocco rounded out the list, with imports totaling $3.985B and $3.44B, respectively.
Shafaq News
01-06-2025
- Business
- Shafaq News
Iraq 5th among top Turkish export markets in early 2025
Shafaq News/ Iraq emerged as the fifth-largest importer of Turkish products in the first third of 2025, according to data released Saturday by the Turkish Statistical Institute (TURKSTAT). Turkiye's exports between January and March reached $86.1B, marking a 3.7% increase compared to the same period last year. Imports also rose by 6.6%, totaling $120.7B. Germany retained its position as Turkiye's top export market, receiving $7.1B in goods. The UK followed with $5.38B, the US with $5.13B, Italy with $4.35B, and Iraq with $3.76B. Iraq remains heavily reliant on imports from neighboring countries—particularly Turkiye and Iran—with additional goods sourced from Gulf states and Jordan in smaller volumes.
Shafaq News
26-05-2025
- Business
- Shafaq News
Iraq ranks fourth globally in Turkish property purchases in early 2025
Shafaq News/ Iraqi citizens purchased more than 340 houses in Turkiye during the first four months of 2025, according the Turkish Statistical Institute (TURKSTAT). The institute stated that Iraqis bought 344 residential units between January and April, ranking behind buyers from Russia (1,055 houses), Iran (576), and Ukraine (424). Monthly breakdowns showed Iraqis bought: • 103 houses in January • 99 in February • 72 in March • 70 in April The total marked a 2.69% increase compared to the same period in 2024, when Iraqis purchased 335 properties. Once the top foreign buyers of Turkish real estate since 2015, Iraqis dropped to second place after Iran in early 2021, third in April 2022 amid a surge in Russian demand, and now rank fourth as of early 2025.
Shafaq News
30-04-2025
- Business
- Shafaq News
TURKSTAT: Iraq fifth-largest export destination in Q1 2025
Shafaq News/ Iraq ranked as Turkiye's fifth-largest export destination in the first quarter of 2025, the Turkish Statistical Institute (TURKSTAT) reported on Wednesday. The report showed that Turkish exports totaled $65.32 billion between January and March, marking a 2.5% increase, while imports rose by 4.5% to $87.81 billion compared to the same period in 2024. Germany led Turkiye's export markets with $5.33 billion in trade, followed by the United Kingdom ($4.03 billion), the United States ($3.98 billion), Italy ($3.31 billion), and Iraq at $2.92 billion. Together, these five countries accounted for 30% of Turkiye's total exports for the quarter. Iraq primarily imports most of goods, commodities, and foodstuffs from neighboring countries, mainly Turkiye and Iran, with smaller amounts coming from the Gulf states and Jordan.
Shafaq News
29-03-2025
- Business
- Shafaq News
Iraq ranks 5th among top importers from Turkiye in February
Shafaq News/ Iraq ranked fifth among the countries with the highest imports from Turkiye in February, the Turkish Statistical Institute (TURKSTAT) announced on Saturday. In a report, the institute revealed that Turkish exports for February totaled $20.76 billion, marking a 1.6% decline, while imports reached $28.53 billion, a 2.4% increase compared to the same period in 2024. Germany remained the top partner for Turkish exports, amounting to $1.69 billion, followed by the UK with $1.25 billion, and the United States with $1.19 billion. Italy ranked fourth with $1.08 billion, and Iraq was fifth with $1.01 billion. Together, the top five countries accounted for 30% of the country's total exports in February 2025. Iraq primarily imports most of goods, commodities, and foodstuffs from neighboring countries, mainly Turkiye and Iran, with smaller amounts coming from the Gulf states and Jordan.
