Iraq’s Customs Revenues Surge to 1.462 Trillion Dinars 

Daban Mohammed 2 hours ago
Iraqi General Customs Authority
Iraqi General Customs Authority

The Iraqi General Customs Authority announced a significant surge in revenue, reaching nearly 1.5 trillion dinars, which it attributed to the implementation of the country's new customs system. 

Samer Qasim, Director General of the Authority, stated that Iraq's customs revenue experienced significant growth during the first five months of the year, reaching 1.462 trillion dinars. 

Qasim noted that these figures demonstrate the success of strategic plans implemented by the Ministry of Finance and the Customs Authority to diversify and boost non-oil revenues. 

Iraq Projects 10 Trillion Dinar Revenue Leap 

Since January, the ASYCUDA system has been implemented across Iraq's border crossings. 

The General Authority of Customs predicts that with full system deployment and strict adherence to unified tariff definitions, national border revenue will experience a historic leap, exceeding 10 trillion Iraqi dinars. 

From 2 Trillion Dinars to Higher Targets 

Prior to 2025, Iraq's border revenues reached 2 trillion and 5 million dinars, a figure that was considered an unprecedented milestone for revenue levels at the time.

According to Ahmed Jassim, Head of the Valuation Department, revenues would have hit 3 trillion dinars had standard operational plans been fully maintained; however, current expectations are now significantly higher.

ASYCUDA Expected to Boost Iraq Customs Revenues 

Iraqi customs officials estimate that the full deployment of the ASYCUDA system will boost revenues four- to six-fold.

The primary objective is to push Iraq's total customs revenue past 10 trillion dinars by the end of 2026, achieved through strict border enforcement and the prevention of public revenue leakage 

Daban Mohammed

2 hours ago