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 779.35% 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 $169.58B
Iraq $27.55B
Malaysia $26.51B
South Africa $25.85B
Kazakhstan $18.82B
Brazil $15.54B
Azerbaijan $9.15B
Gabon $7.88B
Peru $6.75B
Iran $4.68B
Belarus $3.94B
Bulgaria $1.41B
Equatorial Guinea $1.09B
Costa Rica $1.07B
Ecuador $1.05B
Paraguay $0.49B
Algeria $0.45B
Maldives $0.41B
Thailand $0.16B
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
Turkey $-1.87B
North Macedonia $-2.22B
Namibia $-2.28B
Albania $-2.40B
Jamaica $-2.68B
Bosnia $-2.78B
Serbia $-4.92B
Lebanon $-6.19B
Dominican Republic $-8.70B
Guatemala $-12.11B
Romania $-16.21B
Mexico $-22.12B
Colombia $-24.17B
Iraq Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $27.55B 13.27%
2020 $-4.06B -2.24%
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%