Iraq Trade Balance 1970-2023
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Iraq trade balance for 2021 was $28.00B, a 786.82% decline from 2020.
- Iraq trade balance for 2020 was $-4.08B, a 124.53% decline from 2019.
- Iraq trade balance for 2019 was $16.62B, a 53.74% decline from 2018.
- Iraq trade balance for 2018 was $35.93B, a 138.38% increase from 2017.
| Iraq Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2021 |
$28.00B |
13.47% |
| 2020 |
$-4.08B |
-2.21% |
| 2019 |
$16.62B |
7.11% |
| 2018 |
$35.93B |
15.80% |
| 2017 |
$15.07B |
8.05% |
| 2016 |
$2.71B |
1.63% |
| 2015 |
$-0.94B |
-0.56% |
| 2014 |
$20.33B |
8.90% |
| 2013 |
$27.96B |
11.92% |
| 2012 |
$33.59B |
15.41% |
| 2011 |
$30.95B |
16.66% |
| 2010 |
$7.39B |
5.34% |
| 2009 |
$0.13B |
0.11% |
| 2008 |
$25.80B |
19.60% |
| 2007 |
$15.73B |
17.71% |
| 2006 |
$8.09B |
12.41% |
| 2005 |
$-3.52B |
-7.05% |
| 2004 |
$-2.82B |
-7.69% |
| 2003 |
$0.12B |
0.55% |
| 2002 |
$7.04B |
21.38% |
| 2001 |
$1.36B |
3.77% |
| 2000 |
$12.61B |
26.07% |
| 1999 |
$6.25B |
16.96% |
| 1998 |
$4.86B |
23.55% |
| 1997 |
$4.47B |
21.51% |
| 1996 |
$-0.00B |
-0.01% |
| 1995 |
$-0.00B |
-0.01% |
| 1994 |
$-0.00B |
-0.03% |
| 1993 |
$-0.00B |
-0.39% |
| 1992 |
$-0.00B |
-0.76% |
| 1991 |
$-0.00B |
-1.21% |
| 1990 |
$0.49B |
0.27% |
| 1989 |
$-0.60B |
-0.91% |
| 1988 |
$-1.96B |
-3.12% |
| 1987 |
$-1.65B |
-2.91% |
| 1986 |
$-4.70B |
-9.94% |
| 1985 |
$-2.26B |
-4.67% |
| 1984 |
$-1.88B |
-4.00% |
| 1983 |
$-3.38B |
-8.31% |
| 1982 |
$-16.99B |
-40.09% |
| 1981 |
$-11.60B |
-30.67% |
| 1980 |
$16.78B |
31.93% |
| 1979 |
$11.83B |
31.29% |
| 1978 |
$5.95B |
25.03% |
| 1977 |
$3.05B |
15.36% |
| 1976 |
$3.81B |
21.46% |
| 1975 |
$1.31B |
9.76% |
| 1974 |
$3.39B |
29.47% |
| 1973 |
$1.12B |
21.72% |
| 1972 |
$0.64B |
15.44% |
| 1971 |
$0.80B |
20.66% |
| 1970 |
$0.56B |
17.14% |
