Space Industry and Business News
TRADE WARS
Iraqi markets a haven for pedlars escaping Iran's economic woes
Iraqi markets a haven for pedlars escaping Iran's economic woes
By Salam FARAJ
Basra, Iraq (AFP) April 12, 2025

Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions.

He is just one of many Iranian pedlars who endure the arduous journey into southern Iraq through the Chalamja border crossing.

They bring essential goods such as chicken, eggs, cooking oil and household items to sell at low prices, hoping for a profit that would be unimaginable back home due to sharp currency depreciation and soaring inflation.

"The situation is difficult due to the embargo," Alawi said, referring to Western sanctions against Iran.

Asking to withhold his surname for fear of repercussions back home, the 36-year-old said he had not given up easily on his country, and had tried to sell his produce in a market there.

"There were no customers, and the products would spoil, so we had to throw them away and end up losing" money, he told AFP.

Instead, for the past seven years, he has been travelling to Iraq where he sells okra in summer and dates in winter, earning between $30 and $50 a day -- much more than he could make at home.

"When we exchange Iraqi money" for Iranian rials, "it's a lot," the father of two said.

"We can spend it in five days or even a week," he added.

- 'A lifeline' -

After a brief period of relief from sanctions in exchange for curbs on Iran's nuclear programme, US President Donald Trump reimposed the biting measures during his first term in 2018.

Ever since, the value of the Iranian rial has plunged, fuelling high inflation and unemployment.

Prices soared last month by more than 32 percent compared to March the previous year, according to official figures.

Trump announced this week that his administration would restart negotiations with Iran over its nuclear programme, with talks to take place in Oman on Saturday.

Iranian Foreign Minister Abbas Araghchi has said his country's chief aim is for US sanctions to be lifted.

In the meantime, Basra's markets continue to bustle with Iranian vendors.

At the Friday market, bags of rice were stacked on plastic crates next to bottles of detergent.

While some vendors chatted with customers, others dozed off beside their shopping bags, rubbing off the weariness of a long journey.

Hayder al-Shakeri of the London-based Chatham House think-tank's Middle East and North Africa programme said informal cross-border trade "has expanded significantly over the past decade as sanctions on Iran have increasingly impacted everyday life."

Basra's proximity to Iran's Khuzestan province, where many residents speak Arabic and share cultural values with Iraq, makes it a primary target for mostly working-class Iranian vendors, Shakeri said.

Among them are women and elderly men whose livelihoods have been severely impacted by inflation, he said, calling the cross-border trade "a vital lifeline".

"Earning in more stable currencies like the Iraqi dinar or even US dollars provides a financial buffer" against the devaluated rial, he added.

- Better and cheaper -

Iran wields considerable political influence in Iraq and is a major trade partner for the country, the second-largest importer of non-oil Iranian goods.

Trade between the two countries amounts to tens of billions of dollars.

Milad, 17, and his mother have been selling household essentials in Basra for the past two years. Fearing a worsening situation back home, they recently rented a small shop.

In Iran, "finding work is hard, and the currency is weak," said curly-haired Milad, who declined to give his last name, adding that his cousin has been looking for a job since he graduated.

Iraqi maths professor Abu Ahmad, 55, strolls to the market every Friday, looking for fresh Iranian goods.

"Their geymar is better than ours," he said, referring to the cream Iraqis have with honey for breakfast.

It is also cheaper.

"They sell it for 12,000 dinars ($8)" compared to an Iraqi price of 16,000, he added.

Shakeri from Chatham House warned that local vendors "resent the competition", and Iraqi security forces sometimes remove Iranians, though they know they will eventually return.

Umm Mansur, a 47-year-old Iranian mother of five, has had a bitter experience since she joined other pedlars six months ago.

At the border, "they insult and mistreat us," she said.

Other pedlars have described similar experiences, saying they were held up for hours at the crossing.

Umm Mansur said she is willing to overlook the mistreatment to earn four times what she would at home.

"In Iran, there is no way to make a living," she said.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
China's Xi meets Spanish PM Sanchez in Beijing
Beijing (AFP) April 11, 2025
Chinese President Xi Jinping met Spanish Prime Minister Pedro Sanchez on Friday, Beijing's state news agency Xinhua said. Sanchez's trip comes as the European Union rethinks its global trading relationships in the face of turmoil caused by the US import duties announced last week that have sent world markets into a tailspin. The Socialist prime minister is on his third visit to China in just over two years. Spain buys about 45 billion euros ($49.1 billion) of goods every year from China, its ... read more

TRADE WARS
Meta to start using Europeans' data for AI training May 27

Cambodia's Chinese casino city bets big on Beijing

Meta to train AI models on European users' public data

Sierra Space teams with Honda and Tec-Masters for ISS clean energy test

TRADE WARS
Trace wins major Army network contracts worth $373M

CesiumAstro joins Taiwan's initiative to build LEO satellite network

Senator questions canceling planned military satellites in favor of SpaceX

Skyloom completes OCT hardware deliveries for SDA York mission

TRADE WARS
TRADE WARS
Digging Gets Smarter with Trimble's Siteworks Upgrade for Excavators

Rx Networks launches TruePoint FOCUS to deliver real-time centimeter precision

Carbon Robotics debuts autonomous tractor system with live remote control capability

Towards resilient navigation in the Baltics without satellites

TRADE WARS
China tells airlines to suspend Boeing jet deliveries: report

Boeing faces fresh crisis with US-China trade war

In skies, as on land, European forces face gaps if US pulls back

Colombia to buy Swedish fighter jets after turning down France, US offers

TRADE WARS
Nvidia CEO in Beijing as US tech curbs, trade war threaten sales

Nvidia expects $5.5 bn hit as US targets chips sent to China

AMD says US rule on chips to China could cost it $800 mn

Europe seeks to break its US tech addiction

TRADE WARS
Weather satellite operational, completes fleet to forecast severe storms on Earth

NASA Announces Call for New Computing Approaches to Earth Science

EarthDaily Prepares to Launch Advanced Change Detection Satellite

Hunga volcano eruption cooled, rather than warmed, the Southern Hemisphere

TRADE WARS
Global plastic recycling rates 'stagnant' at under 10%: study

EU greenlights new microplastic rules after tensions

Clean streets vs business woes: pollution charge divides Londoners

Illegal mining on Indigenous lands in Brazil dropped under Lula: report

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.