Iraq

Compare Iraq →

IQ · IRQ · BACI 368 · latest data 2024

Exports

$109.2B USD, nominal · 2024

= $109,170 M19.3% over 5 yrs (up)

Imports

$51.8B USD, nominal · 2024

= $51,788 M7.6% over 5 yrs (down)

Trade balancesurplus

$57.4B USD, nominal · 2024

= $57,382 M

Total trade

$161.0B USD, nominal · 2024

= $160,957 M9.1% over 5 yrs (up)

World position: #37 of 225 exporters · top 25% · #56 of 225 importers · top 25% · 2024
World export share since 1995: +0.5 pp

Trade timeline

Iraq's exports grew from $463M in 1995 to $109.2B in 2024; the 2024 balance was $57.4B.

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Exports, imports, trade balance and total trade of Iraq per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$463 M	$517 M	−$54 M	$979 M
1996	$38 M	$286 M	−$248 M	$324 M
1997	$3,284 M	$773 M	$2,511 M	$4,057 M
1998	$5,260 M	$1,329 M	$3,931 M	$6,589 M
1999	$11,241 M	$1,615 M	$9,627 M	$12,856 M
2000	$16,679 M	$2,793 M	$13,886 M	$19,472 M
2001	$11,535 M	$4,884 M	$6,651 M	$16,419 M
2002	$9,738 M	$5,360 M	$4,378 M	$15,098 M
2003	$9,201 M	$4,437 M	$4,764 M	$13,638 M
2004	$18,319 M	$10,525 M	$7,795 M	$28,844 M
2005	$18,085 M	$11,896 M	$6,189 M	$29,980 M
2006	$28,684 M	$11,216 M	$17,468 M	$39,900 M
2007	$36,225 M	$13,461 M	$22,764 M	$49,686 M
2008	$60,209 M	$20,916 M	$39,293 M	$81,124 M
2009	$38,116 M	$22,018 M	$16,098 M	$60,134 M
2010	$50,065 M	$28,966 M	$21,099 M	$79,031 M
2011	$77,441 M	$32,565 M	$44,876 M	$110,006 M
2012	$95,439 M	$43,821 M	$51,618 M	$139,261 M
2013	$90,271 M	$50,189 M	$40,081 M	$140,460 M
2014	$86,747 M	$64,182 M	$22,565 M	$150,928 M
2015	$54,735 M	$46,109 M	$8,626 M	$100,844 M
2016	$49,607 M	$41,795 M	$7,813 M	$91,402 M
2017	$69,426 M	$49,351 M	$20,075 M	$118,778 M
2018	$97,714 M	$53,836 M	$43,877 M	$151,550 M
2019	$91,507 M	$56,058 M	$35,449 M	$147,565 M
2020	$64,893 M	$51,896 M	$12,997 M	$116,788 M
2021	$87,597 M	$60,916 M	$26,681 M	$148,513 M
2022	$133,681 M	$75,020 M	$58,661 M	$208,700 M
2023	$106,795 M	$70,134 M	$36,661 M	$176,929 M
2024	$109,170 M	$51,787 M	$57,382 M	$160,957 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.5% in 2024; export rank #129 → #37.

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World export and import share in percent, and world ranks, of Iraq per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.01%	#129	#145
1996	0.00%	0.01%	#180	#165
1997	0.06%	0.01%	#78	#142
1998	0.09%	0.02%	#67	#117
1999	0.20%	0.03%	#49	#112
2000	0.26%	0.04%	#47	#98
2001	0.18%	0.08%	#55	#81
2002	0.15%	0.08%	#61	#82
2003	0.12%	0.06%	#69	#87
2004	0.20%	0.11%	#56	#70
2005	0.17%	0.11%	#59	#71
2006	0.24%	0.09%	#55	#80
2007	0.26%	0.10%	#55	#79
2008	0.37%	0.13%	#52	#74
2009	0.31%	0.18%	#54	#64
2010	0.33%	0.19%	#53	#60
2011	0.43%	0.18%	#46	#62
2012	0.53%	0.24%	#40	#59
2013	0.50%	0.28%	#41	#54
2014	0.47%	0.35%	#40	#47
2015	0.34%	0.29%	#48	#53
2016	0.32%	0.27%	#47	#54
2017	0.40%	0.28%	#43	#51
2018	0.51%	0.28%	#38	#51
2019	0.49%	0.30%	#38	#48
2020	0.38%	0.30%	#42	#48
2021	0.41%	0.28%	#42	#50
2022	0.55%	0.31%	#36	#50
2023	0.47%	0.31%	#39	#48
2024	0.48%	0.23%	#37	#56

30 rows

Trading partners

China was Iraq's top trading partner in 2024, at 33.7% of total trade; the top five partners covered 75.6%.

Year

Top partner share: 33.7%
Top-5 share: 75.6%
Partners: 103
Partner HHI (0–1): 0.176

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China $38.3B

India $29.9B

South Korea $9.0B

United States $7.7B

Greece $5.4B

Netherlands $4.2B

Italy $2.7B

France $2.1B

Germany $1.8B

Türkiye $1.8B

Singapore $1.5B

Spain $1.2B

Saudi Arabia $48M

Thailand $3M

Brazil $0M

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Top partners of Iraq in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$38,277 M	$15,983 M	$54,260 M	$22,294 M
#2	India	$29,855 M	$3,264 M	$33,119 M	$26,591 M
#3	Türkiye	$1,827 M	$12,995 M	$14,822 M	−$11,168 M
#4	South Korea	$9,028 M	$1,249 M	$10,277 M	$7,780 M
#5	United States	$7,663 M	$1,591 M	$9,254 M	$6,072 M
#6	Greece	$5,412 M	$68 M	$5,479 M	$5,344 M
#7	Netherlands	$4,203 M	$638 M	$4,841 M	$3,565 M
#8	Italy	$2,686 M	$1,036 M	$3,723 M	$1,650 M
#9	Germany	$1,838 M	$1,415 M	$3,253 M	$423 M
#10	France	$2,115 M	$456 M	$2,572 M	$1,659 M
#11	Brazil	$0 M	$1,906 M	$1,907 M	−$1,906 M
#12	Saudi Arabia	$48 M	$1,726 M	$1,774 M	−$1,678 M
#13	Singapore	$1,484 M	$164 M	$1,648 M	$1,320 M
#14	Spain	$1,205 M	$230 M	$1,435 M	$974 M
#15	Thailand	$3 M	$1,163 M	$1,167 M	−$1,160 M

15 rows

Products & sectors

Product composition of Iraq's trade in 2024.

Year

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Concentration & risk

Iraq's export partners diversified over 1995–2024 — HHI 0.951 → 0.215, a moderately concentrated export base across 93 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Iraq per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.951	0.402	25	42
1996	0.708	0.444	41	48
1997	0.094	0.105	53	53
1998	0.118	0.077	56	63
1999	0.192	0.069	59	67
2000	0.165	0.064	66	70
2001	0.278	0.059	75	72
2002	0.182	0.055	74	74
2003	0.310	0.081	76	87
2004	0.267	0.097	85	91
2005	0.294	0.114	85	90
2006	0.215	0.109	89	98
2007	0.152	0.119	89	99
2008	0.189	0.092	92	100
2009	0.122	0.093	89	103
2010	0.126	0.101	96	102
2011	0.143	0.112	97	108
2012	0.124	0.128	106	106
2013	0.133	0.113	103	112
2014	0.134	0.107	97	117
2015	0.129	0.120	104	117
2016	0.125	0.118	97	123
2017	0.132	0.137	104	118
2018	0.143	0.129	100	121
2019	0.152	0.136	115	114
2020	0.178	0.151	104	113
2021	0.198	0.142	106	121
2022	0.189	0.160	108	116
2023	0.206	0.184	100	108
2024	0.215	0.169	93	96

30 rows

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