Summary
- Iraq → Italy
- $2.7billion
- Italy → Iraq
- $1billion
- Iraq’s balance
- $1.7billion
Balance
Iraq’s trade balance with Italy
Trade between Iraq and Italy grew 13,035.4-fold since 1995
USD billions (current). Iraq’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2.7
- Imports 1
- Balance +1.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $57 thousand | $228 thousand | -$171 thousand |
| 1996 | $165 thousand | $1 million | -$1 million |
| 1997 | $202 million | $5 million | $197 million |
| 1998 | $400 million | $38 million | $363 million |
| 1999 | $803 million | $72 million | $731 million |
| 2000 | $1.7 billion | $242 million | $1.4 billion |
| 2001 | $606 million | $325 million | $281 million |
| 2002 | $474 million | $317 million | $157 million |
| 2003 | $807 million | $162 million | $644 million |
| 2004 | $1 billion | $250 million | $755 million |
| 2005 | $2 billion | $362 million | $1.7 billion |
| 2006 | $2.8 billion | $163 million | $2.6 billion |
| 2007 | $4 billion | $130 million | $3.9 billion |
| 2008 | $5.8 billion | $307 million | $5.5 billion |
| 2009 | $3.5 billion | $690 million | $2.8 billion |
| 2010 | $4.1 billion | $587 million | $3.5 billion |
| 2011 | $4 billion | $677 million | $3.3 billion |
| 2012 | $4.5 billion | $807 million | $3.7 billion |
| 2013 | $3.9 billion | $1.7 billion | $2.2 billion |
| 2014 | $4.3 billion | $1.3 billion | $3 billion |
| 2015 | $3.7 billion | $1 billion | $2.7 billion |
| 2016 | $3.3 billion | $683 million | $2.6 billion |
| 2017 | $3.2 billion | $640 million | $2.5 billion |
| 2018 | $4.5 billion | $583 million | $3.9 billion |
| 2019 | $5.3 billion | $615 million | $4.7 billion |
| 2020 | $2.5 billion | $608 million | $1.9 billion |
| 2021 | $4 billion | $774 million | $3.2 billion |
| 2022 | $5.3 billion | $806 million | $4.5 billion |
| 2023 | $4.1 billion | $973 million | $3.1 billion |
| 2024 | $2.7 billion | $1 billion | $1.7 billion |
What they sell each other
What Iraq sells to Italy
The top 10 headings in 2024, with their share of the total.
What Italy sells to Iraq
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Umm Qasr and Genoa is 11,549 nautical miles (21,389 km) long: ≈ 26.5–34.5 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Hormuz, the Cape of Good Hope and the Strait of Gibraltar (11,549 nautical miles); and 15% via the Strait of Hormuz, the Bab-el-Mandeb Strait and the Suez Canal (4,925 nautical miles).
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Italy was Iraq’s 8th largest trading partner (2% of its trade), and Iraq was Italy’s 55th (0.3%).
- Italy in Iraq’s trade
- 2.3%
- Italy’s rank among Iraq’s partners
- 8th
- Iraq in Italy’s trade
- 0.3%
- Iraq’s rank among Italy’s partners
- 55th
Compare with
Other partners of Iraq
Other partners of Italy
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.