The Fort Worth Press - Iraqi markets a haven for pedlars escaping Iran's economic woes

USD -
AED 3.673023
AFN 64.999735
ALL 81.550473
AMD 361.73014
ANG 1.789785
AOA 917.000274
ARS 1513.392039
AUD 1.43287
AWG 1.8025
AZN 1.700435
BAM 1.748185
BBD 2.013658
BDT 123.127391
BGN 1.747831
BHD 0.37775
BIF 2996
BMD 1
BND 1.279882
BOB 11.762182
BRL 5.026973
BSD 0.999768
BTN 95.208981
BWP 13.734665
BYN 3.010793
BYR 19600
BZD 2.010753
CAD 1.421801
CDF 2312.502308
CHF 0.832802
CLF 0.024962
CLP 982.440459
CNY 6.69215
CNH 6.69192
COP 3190.15
CRC 455.140667
CUC 1
CUP 23.995316
CVE 98.910118
CZK 21.74325
DJF 177.719754
DKK 6.673503
DOP 61.32985
DZD 134.484016
EGP 52.789798
ERN 15
ETB 161.129799
EUR 0.89286
FJD 2.24975
FKP 0.757299
GBP 0.75445
GEL 2.594996
GGP 0.757299
GHS 11.685009
GIP 0.757299
GMD 73.999658
GNF 8800.000074
GTQ 7.643284
GYD 209.16908
HKD 7.848245
HNL 26.949711
HRK 6.728203
HTG 130.776966
HUF 324.884498
IDR 17897.25
ILS 3.075575
IMP 0.757299
INR 95.08945
IQD 1310.5
IRR 1779859.9998
ISK 121.609872
JEP 0.757299
JMD 158.774
JOD 0.708961
JPY 158.368022
KES 129.740251
KGS 87.450123
KHR 4070.999815
KMF 440.00024
KPW 899.999961
KRW 1339.229771
KWD 0.31182
KYD 0.833143
KZT 448.425042
LAK 22500.00005
LBP 89550.000115
LKR 330.776932
LRD 170.749846
LSL 16.49006
LTL 2.95274
LVL 0.60489
LYD 6.430127
MAD 9.746993
MDL 17.966079
MGA 4499.999782
MKD 55.034145
MMK 2100.154921
MNT 3596.159888
MOP 8.082073
MRU 40.22021
MUR 47.597174
MVR 15.459791
MWK 1741.999478
MXN 18.363903
MYR 4.08598
MZN 63.902639
NAD 16.490227
NGN 1330.360007
NIO 36.849639
NOK 9.53532
NPR 152.334728
NZD 1.78398
OMR 0.384507
PAB 0.999745
PEN 3.430498
PGK 4.45175
PHP 62.893986
PKR 277.034968
PLN 3.90478
PYG 5716.150023
QAR 3.639841
RON 4.765099
RSD 104.83133
RUB 84.328561
RWF 1475
SAR 3.75707
SBD 8.078071
SCR 13.860997
SDG 601.501218
SEK 9.96878
SGD 1.27984
SHP 0.754518
SLE 24.669853
SLL 20969.504398
SOS 571.496211
SRD 37.647496
STD 20697.981008
STN 21.975
SVC 8.748078
SYP 13001.999685
SZL 16.489802
THB 33.550171
TJS 9.228074
TMT 3.5
TND 3.007498
TOP 2.40776
TRY 49.374755
TTD 6.799401
TWD 32.175302
TZS 2630.003022
UAH 45.101809
UGX 4139.404341
UYU 40.18735
UZS 11895.000158
VES 875.701597
VND 25914
VUV 119.051984
WST 2.777036
XAF 585.677495
XAG 0.016901
XAU 0.000240317026
XCD 2.70255
XCG 1.801906
XDR 0.707052
XOF 585.677495
XPF 106.875011
YER 236.199294
ZAR 16.500305
ZMK 9001.199139
ZMW 19.904269
ZWL 321.999592
SSP 5758.266415
MXV 2.073835
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Iraqi markets a haven for pedlars escaping Iran's economic woes
Iraqi markets a haven for pedlars escaping Iran's economic woes / Photo: © AFP

Iraqi markets a haven for pedlars escaping Iran's economic woes

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.

Text size:

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.

D.Ford--TFWP