The Growth of the Construction Industry in Iraq: A Golden Opportunity for Exporters

The most important strategy for exporting construction materials and technology to Iraq is participation in the Baghdad Construction Materials and Building Exhibition in Iraq. The construction and building industry in Baghdad, the capital of Iraq, has seen significant growth in recent years. According to available data, housing construction projects in Iraq during May and June 2024 experienced a 5.6% growth, reaching a value of $20 billion. This surge is primarily due to the launch of the massive Al-Rasheed Residential City project in Baghdad, valued at $10 billion, by the National Investment Commission of Iraq.

In 2024, the Iraqi government approved a budget of 211 trillion Iraqi dinars (equivalent to $145 billion). According to estimates from Iraq’s Ministry of Planning, the country needs 3 million housing units and is working to address this demand by offering investment opportunities for the construction of residential complexes. Furthermore, the advisor to the Iraqi Prime Minister has stated that the government is implementing programs to increase the share of non-oil revenues, particularly in the sectors of construction, housing, and infrastructure.

Given Iraq’s need for construction materials and engineering services, companies can capitalize on these opportunities to enter the Iraqi market. Participating in specialized exhibitions and collaborating with local companies in Iraq are among the effective ways to strengthen presence in the Baghdad market.

The Most Important Construction Products Exported to Iraq

Cement: Cement is one of the most in-demand products in the Iraqi market.
Iron and Steel Products: Rebars and other steel sections are utilized in construction and infrastructure projects in Iraq.
Gypsum: Gypsum is widely used in constructing walls and ceilings of buildings in this country.
Ceramics and Tiles: Tiles and ceramics are employed for covering walls and floors in Iraqi buildings.
Construction Stones: Decorative construction stones, granite, and marble are extensively used in residential and commercial construction projects in Iraq.
Wood and Wood Products: Natural wood and wooden products such as doors, windows, and furniture have significant potential in Iraq’s construction market.
Profiles and Metal Artifacts: Profiles and metal artifacts are particularly used in industrial and construction projects in Iraq.
Roofing Materials: Galvanized sheets and sandwich panels are applied for roofing in Iraqi construction projects.
Plastics and PVC Products: PVC pipes and other plastic products are used in water supply and sewage systems.
Glass and Glass Products: Building glass is widely utilized in commercial and residential projects in Iraq.
Construction Tools and Hardware: Industrial tools such as drills, saws, and other necessary equipment have a broad market in Iraq.
Wires and Cables: Various wires and cables, used in electrification and infrastructure projects, have high sales potential in Iraq.
Insulation and Waterproofing Materials: Thermal, acoustic, and waterproof insulation materials are employed in Iraq’s construction and industrial projects.
Construction Chemicals: Adhesives, concrete compounds, and additives to enhance concrete strength are exported from Iran to Iraq.
Pumps and Plumbing Systems: Pumps and plumbing fixtures for water supply, sewage, and ventilation systems have export potential to Iraq.
Electrical Equipment and Lighting: Electrical products such as lamps and lighting systems are exported to Iraq for use in construction projects.
Raw Materials for Construction Material Production: Raw cement, stone, sand, and gravel are exported to Iraq and used in the production of construction materials.
MDF (Medium-Density Fiberboard): High-quality MDF is widely used in Iraq for manufacturing cabinets, doors, and furniture.
Wooden Parquet: Wooden parquet is used as flooring in decorative and construction projects in Iraq.
Natural Wood: Natural woods such as oak, pine, and walnut are commonly used in Iraq for producing doors, windows, and other wooden products.
Modern and Smart Construction Material Technologies: Innovative and smart construction material technologies.

These products and technologies, due to their high quality, reasonable prices, and wide variety, hold a special position in the Iraqi market and meet a significant portion of the country’s construction and infrastructure needs. The Baghdad Building and Construction Exhibition provides an excellent opportunity for manufacturers and distributors of various construction materials and technologies to meet their counterparts in Iraq, discuss new contracts, and negotiate product sales in person. For more information and to reserve a booth at this exhibition, contact us at Exhibitionmakers.