Iraq

ECON COMPLEXITY (2018)

-0.91

RANK 109 OF 137

PRODUCT EXPORTS (2018)

$87.4B

RANK 40 OF 222

EXPORTS PER CAPITA (2018)

$2.27K

RANK 77 OF 219

PRODUCT IMPORTS (2018)

$43.1B

RANK 56 OF 221

IMPORTS PER CAPITA (2018)

$1.12K

RANK 91 of 219

SERVICE EXPORTS (2018)

$5.55B

RANK 40 OF 88

SERVICE IMPORTS (2018)

$18B

RANK 25 OF 88

GDP (2018)

$224B

CURRENT US$
RANK 48 OF 196

GDP GROWTH (2008-2018)

70.4%

CURRENT US$
RANK 56 OF 196

GDP PC (2018)

$5,834

CURRENT US$
RANK 105 OF 196

GDP PC GROWTH (2008-2018)

25.8%

Overview: This page contains the latest international trade data for Iraq, including service trade data. In 2018 Iraq was the number 48 economy in the world in terms of GDP (current US$), the number 40 in total exports, the number 56 in total imports, and the number 109 most complex economy according to the Economic Complexity Index (ECI). In 2018, Iraq exported $87.4B and imported $43.1B, resulting in a positive trade balance of $44.2B. In 2018, Iraq’s exports per capita were $2.27k and its imports per capita were $1.12k.

Trade: The top exports of Iraq are Crude Petroleum ($82.1B), Refined Petroleum ($3.38B), Gold ($1.38B), Tropical Fruits ($104M), and Petroleum Coke ($65.3M). The top imports of Iraq are Broadcasting Equipment ($3.76B), Jewellery ($2.28B), Cars($1.67B), Rolled Tobacco ($1.66B), and Refined Petroleum ($1.62B).

Destinations: Iraq exports mostly to India ($20.8B), China ($20B), United States ($10.6B), South Korea ($8.47B), and Greece ($4.92B), and imports mostly from United Arab Emirates ($11.3B), Turkey($8.35B), China ($7.92B), South Korea ($1.91B), and India ($1.85B).

Location: Iraq borders Iran, Jordan, Kuwait, Saudi Arabia, Syria, and Turkey by land.

Exports

In 2018 Iraq exported a total of $87.4B, making it the number 40 exporter in the world. During the last five reported years the exports of Iraq have changed by $8.91B from $78.5B in 2013 to $87.4B in 2018.

The most recent exports are led by Crude Petroleum ($82.1B), Refined Petroleum ($3.38B), Gold ($1.38B), Tropical Fruits ($104M), and Petroleum Coke ($65.3M).

Imports

In 2018 Iraq imported $43.1B, making it the number 56 trade destination in the world. During the last five reported years the imports of Iraq changed by $3.9B from $39.2B in 2013 to $43.1B in 2018.

The most recent imports of Iraq are led by Broadcasting Equipment ($3.76B), Jewellery ($2.28B), Cars ($1.67B), Rolled Tobacco ($1.66B), and Refined Petroleum ($1.62B).

Trade Balance

As of 2018 Iraq had a positive trade balance of $31B in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $98.4M in net imports.

Destinations

The most common destination for the exports of Iraq are India ($20.8B), China ($20B), United States ($10.6B), South Korea ($8.47B), and Greece ($4.92B).

Origins

The most common import partners for Iraq are United Arab Emirates ($11.3B), Turkey ($8.35B), China ($7.92B), South Korea ($1.91B), and India ($1.85B).