Australian exports to Iraq have recorded a sharp decline, falling to $2.2 million in the second quarter of 2026. Data released by the Australian Bureau of Statistics has shown the sharp downward trajectory occurring in the last three months.
Exports to Iraq were recorded at about $88 million in Q1 of 2026. However, exports dropped by $85.8 million in the second quarter marking a 97.5% decline.
In the second quarter, top export goods to Iraq by value were cheese and curd at about $1 million. Pharmaceuticals followed at a close second at $773,000 while sheep and goat meat came in at third at about $196,000. Other export goods include prepared fats and oils, spirits, liquid pumps, machine parts, measuring instruments and additive manufacturing machines.
