Iraq's General Customs Authority is on track to deliver a record-breaking performance, expecting revenue collection to reach 4 trillion IQD ($3.05 billion) by the end of 2026 on the back of comprehensive border automation.

Director General Thamer Qasim told the Iraqi News Agency (INA) that transitioning to the UN-backed ASYCUDA platform has effectively eliminated paper documentation, streamlining customs procedures and expanding the federal tax base.

Federal authorities are currently working with the Kurdistan Regional Government (KRG) to integrate northern entry points under ASYCUDA by year-end, aimed at establishing unified fiscal standards and mitigating unofficial trade channels.

Historical metrics highlight a sharp upward trajectory: revenues grew from 800 billion IQD ($610.6M) in 2022 to 1 trillion IQD in 2023. Following ASYCUDA’s mid-2024 launch, collections doubled to 2 trillion IQD before hitting 2.6 trillion IQD ($1.9B) in 2025.

Qasim underscored that revenues collected by July 2026 had already matched the entirety of 2025's total. Collections are expected to cross 3 trillion IQD ($2.3B) by the end of September before reaching the 4-trillion-dinar milestone at year-end.