Iraq to stop importing Iranian cement?

Iran currently exports cement to 24 countries with around 97 per cent of total cement export destined for seven countries. Iraq heads the rankings with a 63 per cent share of Iranian cement exports, followed by Turkmenistan at seven per cent and Azerbaijan at four per cent. 

According to Deputy Head of Khuzestan’s Cement Exporters Union Sadeq Sava’edi, Iraq will stop importing Iranian cement from 1 July as it aims to boost its domestic production. However, Deputy Head of the Iranian Trade Promotion Organization Reza Tofiqi said on June 17 that Iraq has not stopped importing Iranian cement.

Iran’s cement and clinker exports reached over 13.648Mt or US$560m in the previous Iranian calendar year, which ended 20 March.