Iraq Balance of Trade  1988-2018 | Data | Chart | Calendar | Forecast

Iraq recorded a trade surplus of 6479 USD Million in 2016. Balance of Trade in Iraq averaged 10002.86 USD Million from 1988 until 2016, reaching an all time high of 47550 USD Million in 2008 and a record low of -3492 USD Million in 2004.

Iraq Balance of Trade
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Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 6479.00 3318.00 47550.00 -3492.00 USD Million [+]
Exports 40759.00 51327.70 94209.00 1720.40 USD Million [+]
Imports 34280.00 48010.00 60107.00 2681.90 USD Million [+]
Current Account -1913.10 24427.90 32344.00 -15410.00 USD Million [+]
Current Account to GDP -6.30 -8.70 12.70 -24.00 percent [+]
Gold Reserves 89.80 89.82 89.82 0.00 Tonnes [+]
Crude Oil Production 4360.00 4360.00 4830.00 0.00 BBL/D/1K [+]
Terrorism Index 10.00 9.96 10.00 4.09 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Iraq Balance of Trade

Iraq has been recording trade surpluses since 2005 due to a rise in the shipments of oil (99 percent of total exports). Main imports are: machinery and transport equipment; manufactured articles and mineral fuels. Main trading partners are: United States (25 percent of total exports and 6 percent of imports) and China (12 percent of exports and 14 percent of imports). Others include: Syria, India and South Korea. This page provides - Iraq Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6479.00 3318.00 47550.00 -3492.00 1988 - 2016 USD Million Yearly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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