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Trade between Iraq and Saudi Arabia

In 2024, Iraq exported $48 million to Saudi Arabia and imported $1.7 billion. Iraq ran a deficit of $1.7 billion with Saudi Arabia, compared with a deficit of $722 million in 2019. Saudi Arabia was Iraq’s 12th largest trading partner (1% of its trade), and Iraq was Saudi Arabia’s 40th (0.3%).

Summary

Iraq → Saudi Arabia
$48million
Saudi Arabia → Iraq
$1.7billion
Iraq’s balance
-$1.7billion

Balance

Iraq’s trade balance with Saudi Arabia

Trade between Iraq and Saudi Arabia grew 2,283.5-fold since 1995

USD billions (current). Iraq’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0
  • Imports 1.7
  • Balance -1.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$777 thousand-$777 thousand
1996$0$250 thousand-$250 thousand
1997$0$0$0
1998$8 thousand$137 thousand-$129 thousand
1999$0$0$0
2000$0$23 million-$23 million
2001$0$70 million-$70 million
2002$0$70 million-$70 million
2003$0$11 million-$11 million
2004$277 thousand$39 million-$39 million
2005$359 thousand$64 million-$64 million
2006$59 thousand$128 million-$128 million
2007$121 thousand$380 million-$380 million
2008$207 thousand$485 million-$485 million
2009$0$683 million-$683 million
2010$98 thousand$471 million-$471 million
2011$143 thousand$503 million-$502 million
2012$19 million$417 million-$398 million
2013$1 million$528 million-$526 million
2014$1 million$706 million-$705 million
2015$2 million$467 million-$465 million
2016$6 million$407 million-$400 million
2017$8 million$506 million-$498 million
2018$12 million$657 million-$645 million
2019$7 million$729 million-$722 million
2020$11 million$707 million-$696 million
2021$18 million$812 million-$794 million
2022$28 million$1 billion-$1 billion
2023$20 million$1.3 billion-$1.3 billion
2024$48 million$1.7 billion-$1.7 billion

What they sell each other

What Iraq sells to Saudi Arabia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$24 million · 49.1%
    48 thousand tonnes · Iraq’s destinations
  2. Aluminum scrap$11 million · 22.1%
    5 thousand tonnes
  3. Uninsulated aluminum cable$5 million · 10.6%
    482 tonnes
  4. Waste paper$4 million · 7.3%
    17 thousand tonnes
  5. Natural gums and resins$1 million · 2.3%
    77 tonnes
  6. Molasses$1 million · 2.3%
    6 thousand tonnes
  7. Plastic building fittings$431 thousand · 0.9%
    308 tonnes
  8. Woven carpets$292 thousand · 0.61%
    212 tonnes
  9. Cyclic hydrocarbons$266 thousand · 0.55%
    218 tonnes
  10. Other fresh vegetables$223 thousand · 0.46%
    30 tonnes

What Saudi Arabia sells to Iraq

The top 10 headings in 2024, with their share of the total.

  1. Pasta$160 million · 9.3%
    102 thousand tonnes
  2. Uninsulated copper cable$140 million · 8.1%
    21 thousand tonnes
  3. Aluminum sheet$134 million · 7.8%
    42 thousand tonnes
  4. Cables and wire$93 million · 5.4%
    14 thousand tonnes
  5. Steel bars$88 million · 5.1%
    146 thousand tonnes
  6. 25 thousand tonnes
  7. Gold$84 million · 4.9%
    1 tonne · Saudi Arabia’s destinations
  8. 3 thousand tonnes
  9. Cheese$62 million · 3.6%
    16 thousand tonnes
  10. Toilet paper and tissues$47 million · 2.7%
    12 thousand tonnes

How it travels

Iraq and Saudi Arabia traded $1.8 billion in 2024 (both directions together). They trade mostly over land: 81% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Sea$337 million · 19%
  2. Land$1.4 billion · 81%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Saudi Arabia was Iraq’s 12th largest trading partner (1% of its trade), and Iraq was Saudi Arabia’s 40th (0.3%).

Saudi Arabia in Iraq’s trade
1.1%
Saudi Arabia’s rank among Iraq’s partners
12th
Iraq in Saudi Arabia’s trade
0.3%
Iraq’s rank among Saudi Arabia’s partners
40th

Compare with

Sources and methodology

Sources and licenses

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.