Iraq Trade Balance 1970-2022

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 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 for 2017 was $15.07B, a 455.49% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $366.14B
Russia $75.91B
Thailand $26.59B
Mexico $22.26B
Malaysia $21.71B
South Africa $14.86B
Brazil $10.14B
Kazakhstan $7.24B
Gabon $3.83B
Peru $2.48B
Ecuador $2.32B
Belarus $1.90B
Costa Rica $1.84B
Paraguay $1.46B
Bulgaria $1.03B
Cuba $0.70B
Nauru $-0.06B
Marshall Islands $-0.08B
Samoa $-0.16B
Belize $-0.19B
Tonga $-0.21B
American Samoa $-0.23B
Equatorial Guinea $-0.25B
Azerbaijan $-0.33B
Maldives $-0.71B
Fiji $-0.74B
Namibia $-0.97B
Armenia $-1.26B
North Macedonia $-1.57B
Montenegro $-1.67B
Mauritius $-2.04B
Albania $-2.20B
Botswana $-2.26B
Jamaica $-2.40B
Bosnia $-2.79B
Iraq $-4.08B
Serbia $-4.42B
Dominican Republic $-6.07B
Guatemala $-6.25B
Jordan $-7.98B
Lebanon $-8.10B
Romania $-10.82B
Iran $-11.07B
Algeria $-14.27B
Colombia $-18.71B
Turkey $-27.44B
Iraq Trade Balance - Historical Data
Year Billions of US $ % of GDP
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%