Australian Bureau of Statistics data released today, Sunday, shows a sharp decline in the value of Australia’s exports to Iraq during the second quarter of 2026, recording a decrease of 97.5% compared to the first quarter.
According to the data received by the news agency, the value of Australian exports to Iraq was about 2.2 million dollars during the second quarter, compared to around 88 million dollars in the first quarter, a decrease of approximately 85.8 million dollars over three months.
Dairy products topped the list of Australian exports to Iraq during the second quarter, with cheese and yogurt exports valued at around one million dollars, followed by pharmaceuticals at approximately 773 thousand dollars, and then sheep and goat meat at about 196 thousand dollars.
The Australian exports also included a variety of products, including spirits, fats and oils, machine parts, liquid pumps, measuring instruments, and additional manufacturing machinery.
Australian wheat had dominated the exports in the first quarter, with a value of around 85 million dollars, before the total export value to Iraq significantly decreased during the second quarter.
This sharp decline reflects a significant reduction in the volume of trade between the two countries during the second quarter, particularly in the imports of Australian grains into the Iraqi market.