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Trade & investment · Middle East, North Africa, Afghanistan & Pakistan · Upper-middle income

Iraq: trade and investment

Exports is 39.8% (2024), 85th of 184 in the world and 11th of 21 in the Middle East & North Africa. Imports is 37.4% (2024), 111th of 184 in the world and 13th of 21 in the Middle East & North Africa. Trade openness is 77.1% (2024), 104th of 184 in the world and 13th of 21 in the Middle East & North Africa.

Exports
IraqMiddle East, North Africa, A…Upper-middle incomeWorld
0%20%40%60%80%1995200020052010201520202025Iraq39.8%Middle East, North Africa, Afghanistan & PakistanUpper-middle incomeWorld
Imports
IraqMiddle East, North Africa, A…Upper-middle incomeWorld
0%20%40%60%80%1995200020052010201520202025Iraq37.4%Middle East, North Africa, Afghanistan & PakistanUpper-middle incomeWorld
11 indicators

Trade & investment: Iraq in detail

Latest reported value, world rank and rank within Middle East, North Africa, Afghanistan & Pakistan; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
ExportsExports of goods and services, % of GDP39.8%202485/18411/2175.7%39.4%27.8%+0.8 ppsince 201441.1%25.9%29.5%
ImportsImports of goods and services, % of GDP37.4%2024111/18413/2149.6%34.1%30.0%+7.3 ppsince 201438.4%23.8%28.5%
Trade opennessTrade, % of GDP77.1%2024104/18413/21125.3%73.5%57.7%+8.2 ppsince 201457.2%48.9%68.5%
Current accountCurrent account balance, % of GDP1.9%202555/1859/20·4.7%-3.5%+3.6 ppsince 2015———
Merchandise exportsMerchandise exports, current US$$92.9bn202542/2064/22$20.4bn$51.8bn$46.9bn+81%since 2015$1.8tn$7.7tn$26.4tn
Fuel exportsFuel exports, % of merchandise exports99.0%20241/1721/2097.0%99.7%99.9%2021−0.9 ppsince 201468.5%5.2%9.5%
Food exportsFood exports, % of merchandise exports0.5%2024168/17219/200.6%0.0%0.1%2021+0.5 ppsince 20144.1%9.0%9.0%
FDI inflowsForeign direct investment, net inflows, % of GDP-3.0%2025191/19721/210.0%1.0%-1.6%+1.5 ppsince 20152.3%1.1%1.4%
RemittancesPersonal remittances received, % of GDP0.3%2025147/17812/17·0.1%0.4%−0.3 ppsince 20152.7%1.0%0.8%
Tourist arrivalsInternational tourist arrivals892,0002013——78,0001.5m·+602%since 2001153m573m2.4bn
Tourism receiptsInternational tourism receipts, current US$$955m202078/17711/20·$1.7bn$955m−45%since 2010$145bn—$1.9tn
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours

Iraq and its neighbours

Countries sharing a land border with Iraq. Latest values since 2005; the highest in each row is marked.

IndicatorIraqIranTürkiyeSaudi ArabiaSyriaJordan
Exports39.8%202425.8%202524.8%202529.7%20256.8%202254.2%2007
Imports37.4%202434.5%202525.1%202528.2%202528.7%202291.8%2007
Trade openness77.1%202460.2%202549.9%202557.9%202535.4%2022146.0%2007
Current account1.9%2025—-1.9%2025-2.6%2025-0.6%2010-5.3%2024
Merchandise exports$92.9bn2025$113bn2025$273bn2025$311bn2025$3.4bn2025$14.9bn2025
Fuel exports99.0%202468.0%20235.4%202578.7%202549.9%20100.3%2024
Food exports0.5%20245.6%202311.8%20252.2%202521.0%201017.6%2024
FDI inflows-3.0%20250.5%20250.8%20252.6%20251.2%20113.3%2025
Remittances0.3%2025—0.0%20250.0%20252.6%20107.6%2024