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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $462.25B
Russia $169.78B
Iraq $28.00B
Malaysia $26.51B
South Africa $25.85B
Kazakhstan $18.82B
Brazil $16.39B
Azerbaijan $9.15B
Gabon $7.88B
Peru $5.95B
Iran $4.69B
Belarus $3.74B
Bulgaria $1.41B
Equatorial Guinea $1.09B
Costa Rica $1.07B
Ecuador $1.05B
Paraguay $0.46B
Maldives $0.41B
Algeria $0.32B
Marshall Islands $-0.06B
Nauru $-0.09B
Belize $-0.09B
Tonga $-0.23B
Samoa $-0.32B
American Samoa $-0.39B
Botswana $-0.93B
Mauritius $-1.12B
Montenegro $-1.13B
Fiji $-1.17B
Armenia $-1.18B
Thailand $-1.21B
Turkey $-1.87B
Namibia $-2.00B
North Macedonia $-2.22B
Albania $-2.43B
Jamaica $-2.67B
Bosnia $-2.78B
Serbia $-4.92B
Lebanon $-6.19B
Dominican Republic $-8.70B
Jordan $-9.53B
Guatemala $-12.28B
Romania $-16.08B
Mexico $-19.22B
Colombia $-25.26B
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%