Tax: up to 4%
Duties: up to 10%
Restricted items: Goods from Israel; Second-hand goods
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 5-6 weeks
Best Carrier option: Freight Forwarder
Prominent Languages: Kurdish, Modern Standard Arabic
How TecEx Can Help You Import into Iraq
Iraq has faced serious economic challenges in the last five years, fueled by ongoing conflict and sanctions dating back over 20 years. As a result of sanctions, Iraq has a history of very limited trade and heavy restrictions on imports and exports. To this day, importing into Iraq is still complex, with restrictions on second-hand equipment and a complete embargo on goods of Israeli origin.
Despite these factors, the local economy is slowly picking up. There is still significant work to be done in terms of the tech sector with the majority of investment coming from the private sector. Telecommunications and mobile payments are the most invested in and the only competitive tech sectors in the country. Although Iraq still faces challenges, the gaps in the market and demand for improved Tech resources could present profitable opportunities for foreign investors.
Importing into Iraq comes with significant complexity. Contact one of our TecEx specialists for a tailor-made solution to help clear your goods through customs quickly and reliably.
Learn more about importing into the Middle East here!
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