عراق 1

Our competitors took the share of Iranian flour in Iraqi market

The head of Iran’s Flour Industry Association announced that we exported about 500,000 tons to Iraq last year, and we managed to import a large import of 1.7 million tons from this country, but this year our competitors took this share. We expect the government to help us redeem this contribution.

Hussein Yazdjerdi in a press conference stated: we can utilize capacities for the development of exports and currency exchange; Stating that the market share in such a situation of other countries is no easy task, he noted that after the fluctuations of the currency rates we have encountered problems and lost our 500,000-ton share obtained from the import of the 1.7 million tons of flour to Iraq so that this share was taken from Iran by countries like Turkey, Russia and Uzbekistan.

The head of the Iranian Flour Industry Association added: “This year, we thought we could get a larger share of the Iraqi market, with the fact that this 500,000-ton share did not come about easily, and all traders and businessmen knew this issue, but due to problems such as foreign exchange fluctuations and other barriers that we face in the customs for the return of the currency, our share was decreased in the market.

He hoped that officials would help flour producers and exporters to regain this share of our competitors and to be able to play a good role in the Iraqi market, as in the past.

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