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 Otherwise, direct export will be a good solution

PROFITS OF EXPORTS TO IRAQ

For example, from Iran, most of the exports to the western neighbor are usually from Khosravi, Mehran, West Tehran, Bashmaq, Kermanshah, and Piranshahr customs, which usually have food, minerals, and industrial parts at the top of export items

For small to medium-sized companies, the best way to export to this country is to export indirectly and through intermediaries

Iraq heavily relies on oil exports as a major source of revenue. Therefore, if you are exporting goods unrelated to the oil industry, the demand and profitability may be influenced by the country's economic conditions and government spending. Assess the demand for your specific product in the Iraqi market. Conduct market research to understand the target audience, competition, and potential sales volume. Consider factors such as consumer preferences, purchasing power, and market trends to determine the profitability of exporting your goods to Iraq.

Understand the applicable trade regulations, customs duties, and taxes imposed on your exported goods. Compliance with these regulations is crucial for smooth and profitable trade. Seek guidance from trade experts or consult with local authorities to ensure you are fully aware of all relevant taxes and fees. Be mindful of currency exchange rates and fluctuations when pricing your products for the Iraqi market. Establish clear payment terms and consider any associated risks, such as delayed payments or currency volatility. Explore options for mitigating risks, such as export credit insurance or secure payment methods.

Iraq's political stability and security conditions can impact the profitability and overall business environment. Stay informed about the local situation and potential risks that could affect trade operations and the safety of your personnel and assets. Successful exporting often requires adapting products to local preferences and cultural norms. Consider customization or localization of your goods to align with the Iraqi market, which can enhance their appeal and profitability.

Since 2003, Iraq has been one of main trading partners since the fall of Saddam Hussein. Official customs statistics show that the dollar value of Iran's non-oil exports to Iraq in 1998 was more than $ 9 billion, which is a significant figure. But for many, the question is what the best way to export to Iraq is. Most experts in this field suggest that for small to medium-sized companies, the best way to export to this country is to export indirectly and through intermediaries. 

Otherwise, direct export will be a good solution. For example, from Iran, most of the exports to the western neighbor are usually from Khosravi, Mehran, West Tehran, Bashmaq, Kermanshah, and Piranshahr customs, which usually have food, minerals, and industrial parts at the top of export items. In the field of agricultural production, products such as potatoes, cucumbers, tomatoes, oranges, watermelons, and Vegetables are at the top. But among home appliances, water coolers and kitchen appliances have also been important items for export to Iraq. Mineral tiles and stones, iron and Steel rods, and building Stones are among the important mineral and industrial items that have been exported to this country.

Health tourism and the provision of technical and engineering services are also among the areas that have grown significantly in recent years. In the field of health tourism, a large number of Iraqis travel to various cities in Iran each year for treatment. Religious tourism is another type of tourism that has grown significantly between Iran and Iraq in recent years.

Determine competitive pricing for your products in the Iraqi market. Analyze the prices of similar goods already available in Iraq and consider the local purchasing power. Ensure that your pricing strategy allows for a reasonable profit margin while remaining competitive. Evaluate the costs associated with exporting goods to Iraq, including transportation, customs duties, and other logistics expenses. Iraq's geographic location and infrastructure conditions may impact shipping costs, which can affect overall profitability. Consider working with reliable logistics partners to optimize costs and ensure timely delivery.

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