Iraq Trade Balance 1970-2024

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 $27.55B, a 779.44% decline from 2020.
  • Iraq trade balance for 2020 was $-4.06B, a 124.4% 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 $460.83B
Russia $172.28B
Iraq $27.55B
Malaysia $27.03B
South Africa $25.79B
Kazakhstan $16.99B
Brazil $9.40B
Azerbaijan $9.15B
Libya $7.86B
Gabon $7.40B
Peru $6.83B
Iran $4.68B
Turkmenistan $4.03B
Belarus $3.94B
Turkey $3.32B
Equatorial Guinea $1.62B
Bulgaria $1.54B
Costa Rica $1.02B
Ecuador $0.92B
Algeria $0.92B
Paraguay $0.49B
Marshall Islands $-0.06B
Nauru $-0.09B
Belize $-0.09B
Thailand $-0.20B
Tonga $-0.23B
Samoa $-0.32B
American Samoa $-0.36B
Botswana $-0.93B
Armenia $-1.09B
Mauritius $-1.10B
Montenegro $-1.13B
Fiji $-1.17B
North Macedonia $-2.22B
Albania $-2.40B
Namibia $-2.43B
Bosnia $-2.68B
Serbia $-5.04B
Lebanon $-6.19B
Dominican Republic $-8.70B
Jordan $-9.20B
Guatemala $-12.11B
Romania $-16.21B
Colombia $-24.42B
Mexico $-25.42B
Iraq Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $27.55B 13.14%
2020 $-4.06B -2.24%
2019 $16.62B 7.11%
2018 $35.93B 15.80%
2017 $15.07B 8.05%
2016 $2.72B 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 $-3.53B -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%