Ukraine and Iraq have a long-standing trade relationship that is only growing stronger. In 2022, it is estimated that the total value of goods exported from Ukraine to Iraq will reach USD 5 billion. This is a significant increase over previous years and reflects the growing demand for Ukrainian-made products in Iraq.
The majority of Ukrainian exports to Iraq are agricultural products and industrial goods such as machinery, vehicles, and chemicals. Ukrainian companies are also increasingly supplying Iraq with food and medicines.
This is a testament to Ukraine’s ability to produce high-quality products that are reliable and affordable, making them attractive to Iraqi buyers. OK Factory platform, a startup that is working to promote Made-in-Ukraine products globally, is simplifying the order processes for buyers and sellers from both countries.
OK Factory helps Ukrainian businesses to find more buyers and to expand their presence in Iraq, while also allowing Iraqi buyers to access a wide variety of Ukrainian products. This platform is making it easier for companies from both countries to build relationships and grow their trade.
Overall, the trade relationship between Ukraine and Iraq is growing and is expected to continue to do so in the years ahead. With the help of OK Factory and other similar services, the trade between both countries is likely to increase even more in the coming years.