Baghdad: The Central Bank of Iraq (CBI) announced Monday a decline in exports and imports in Iraq during the second quarter of 2025.

According to Qatar News Agency, exports fell during the second quarter of 2025 to reach USD23.285 billion, compared with the first quarter, in which exports amounted to USD24.112 billion, CBI reported in a communique.

It indicated that exports included crude oil valued at USD20.956 billion, refined oil products valued at USD981 million, and other exports valued at USD1.347 billion.

In addition, CBI clarified that the country's imports also decreased to USD17.534 billion, compared with the first quarter, in which imports amounted to USD18.158 billion, noting that imports included government imports valued at USD1.813 billion and private sector imports valued at USD15.993 billion.