The Iraqi State Trading Corporation had expressed willingness to buy certain items from Sri Lanka including rubber tyres, stationary, electrical cables, generators and accessories, apparel and textiles, household appliances, toys, foodstuff and covering for trailers.
In addition, Iraq has lifted a ban on coconut fibre pith exports from Sri Lanka and has also agreed to the relaxing restrictions on Ceylon Tea. The value of total trade between the two countries that stood at US$ 8.72 million in 2003 topped US$ 89.99 million in 2013, according to the Ministry of Industry and Commerce.
Sri Lanka exported goods totaling US$ 89.80 million to Iraq and imported only goods worth US$ 0.19 million from Iraq during 2013.
Tea has been a major export item to Iraq accounting for about 95 percent of Sri Lanka's exports to Iraq, with an estimated 15,000 MT of Ceylon tea being exported. According to a statement, The Iraqi Ambassador Kahtan Al Janabi encouraged Sri Lankan trained medical personnel to work in Iraq, such as anesthetists, nurses and physicians.