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Exporting to Iraq

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Exporting to Iraq

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A guide for British businesses who are interested in developing their overseas trade and doing business in Iraq, including the Iraqi Kurdistan region.

Benefits for UK businesses exporting to Iraq include

  • long and established trade links between the UK and Iraq
  • growing economy
  • middle income country
  • British goods and services are considered as iconic by the Iraqis
  • immense scale of opportunities
  • uncrowded market in many sectors so good scope for early entrants

Strengths of the Iraqi market:

  • high sovereign wealth created by increasing oil revenues, with potential to fund a USD 360 billion investment programme
  • low inflation
  • new government’s political will to strengthen the economy as part of the stabilisation effort

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