Sana'a: The Central Bank of Iraq announced on Monday a decline in exports and imports in Iraq during the second quarter of this year.

According to Yemen News Agency, the bank explained in a statement that exports fell to $23.285 billion in the second quarter, down from $24.112 billion in the first quarter.

The breakdown of the exports revealed that crude oil accounted for $20.956 billion, petroleum products contributed $981 million, and other exports amounted to $1.347 billion.

The bank further reported that the country's imports also saw a decline, dropping to $17.534 billion compared to $18.158 billion in the first quarter. The import figures included government imports of $1.813 billion and private sector imports totaling $15.993 billion.