Iraq: Trade balance, in dollars

* indicates monthly or quarterly data series
 Iraq

Trade balance, billion USD

 Latest value 57.92
 Year 2022
 Measure billion U.S. dollars
 Data availability 2005 - 2022
 Average 17.35
 Min - Max -4.20 - 57.92
 Source The World Bank
The latest value from 2022 is 57.92 billion U.S. dollars, an increase from 27.55 billion U.S. dollars in 2021. In comparison, the world average is 3.58 billion U.S. dollars, based on data from 163 countries. Historically, the average for Iraq from 2005 to 2022 is 17.35 billion U.S. dollars. The minimum value, -4.2 billion U.S. dollars, was reached in 2020 while the maximum of 57.92 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Iraq - Trade balance, in dollars - Recent values chart

Historical series
Iraq - Trade balance, in dollars - historical chart - 2005-2022




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 106.69 2021 percent
 Trade openness 61.50 2021 percent
 Financial openness -1.242 2002 index points
 Exports, percent of GDP 37.32 2021 percent
 Exports, billion dollars 78.26 2021 billion U.S. dollars
 Growth of exports -14.97 2021 percent
 Imports, percent of GDP 24.18 2021 percent
 Imports, billion dollars 50.71 2021 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.79 2022 percent
 Foreign Direct Investment, billion dollars -2.09 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.10 2022 million dollars (current)
 Current account, percent of GDP 16.80 2022 percent
 Current account, in dollars 58.01 2022 billion U.S. dollars
 Trade balance, percent of GDP 13.27 2021 percent
 Trade balance, in dollars 57.92 2022 billion U.S. dollars
 Reserves 112.23 2023 billion U.S. dollars
 Remittances, percent of GDP 0.35 2023 percent
 Remittances 879.41 2023 million U.S. dollars
 Net errors and omissions -3,289.00 2022 million USD
 External debt 8.58 2022 percent
 Short-term external debt 5.11 2022 percent
 Short-term debt to reserves 1.19 2022 percent
 Foreign exchange reserves 143,957.00 8/2024 billion
This site uses cookies.
Learn more here


OK