In 2024, Iraq's total trade was $43.8B, with exports valued at $43.8B and imports at $0.
Iraq held a total trade rank of #184 globally for overall trade in 2024.
Mineral fuels, mineral oils and products of their distillation (HS2 27) accounted for $43.8B of Iraq's exports.
Singapore was Iraq's top export partner, receiving $79.3M in goods.
Other significant export partners included the United Arab Emirates ($5.2M) and Italy ($3.5M).
Raw hides and skins (HS2 41) represented $3.6M of total exports.
Iraq's 2024 Trade Overview
In 2024, Iraq's international trade was marked by $43.8B in exports, placing the country at rank #184 for total trade. Imports for the year were reported at $0, resulting in a trade balance of $43.8B. This data highlights Iraq's strong export-oriented economy, primarily driven by specific commodity groups.
Iraq's exports in 2024 were overwhelmingly dominated by Mineral fuels, mineral oils and products of their distillation (HS2 27), which alone generated $43.8B. Other notable export products included Raw hides and skins (HS2 41) at $3.6M, and Animal originated products (HS2 05) with $1.6M. Regarding export partners, Singapore was the leading destination for Iraqi goods, accounting for $79.3M. The United Arab Emirates and Italy were also significant partners, with exports valued at $5.2M and $3.5M respectively.