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Trade between Iraq and Singapore

In 2024, Iraq exported $1.5 billion to Singapore and imported $164 million. Iraq ran a surplus of $1.3 billion with Singapore, compared with a surplus of $3.9 billion in 2019. Singapore was Iraq’s 13th largest trading partner (1% of its trade), and Iraq was Singapore’s 38th (0.2%).

Summary

Iraq → Singapore
$1.5billion
Singapore → Iraq
$164million
Iraq’s balance
$1.3billion

Balance

Iraq’s trade balance with Singapore

Trade between Iraq and Singapore grew 21.5-fold since 1999

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

  • Exports 1.5
  • Imports 0.2
  • Balance +1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$0$0$0
1997$0$0$0
1998$0$0$0
1999$76 million$583 thousand$76 million
2000$437 million$8 million$429 million
2001$52 million$2 million$50 million
2002$48 million$657 thousand$48 million
2003$0$0$0
2004$0$0$0
2005$0$0$0
2006$0$0$0
2007$969 million$334 thousand$968 million
2008$854 million$690 thousand$853 million
2009$560 million$15 million$545 million
2010$1.2 billion$38 million$1.2 billion
2011$264 million$58 million$206 million
2012$1.1 billion$54 million$1 billion
2013$3 billion$123 million$2.8 billion
2014$2.3 billion$66 million$2.2 billion
2015$988 million$69 million$918 million
2016$489 million$104 million$385 million
2017$1.6 billion$60 million$1.6 billion
2018$3.6 billion$76 million$3.5 billion
2019$3.9 billion$87 million$3.9 billion
2020$1.8 billion$94 million$1.7 billion
2021$1.4 billion$90 million$1.3 billion
2022$1.2 billion$77 million$1.2 billion
2023$752 million$85 million$667 million
2024$1.5 billion$164 million$1.3 billion

What they sell each other

What Iraq sells to Singapore

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

  1. Crude petroleum$856 million · 57.7%
    1.5 million tonnes · Iraq’s destinations
  2. Refined petroleum$627 million · 42.3%
    1.3 million tonnes · Iraq’s destinations
  3. Valves and taps$16 thousand · 0%
  4. Other measuring instruments$12 thousand · 0%
  5. Other industrial machines$7 thousand · 0%
  6. Antiques$2 thousand · 0%
  7. Tractors$1 thousand · 0%

What Singapore sells to Iraq

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

  1. Seamless steel pipes$75 million · 46%
    5 thousand tonnes
  2. Other food preparations$14 million · 8.6%
    2 thousand tonnes
  3. Refined petroleum$6 million · 3.8%
    2 thousand tonnes · Singapore’s destinations
  4. 419 tonnes
  5. Malt extract and food mixes$5 million · 3.1%
    2 thousand tonnes
  6. 2 thousand tonnes
  7. Liquid pumps$4 million · 2.6%
    146 tonnes
  8. 2 thousand tonnes
  9. 350 tonnes
  10. Parts for switchgear$3 million · 1.6%
    1 tonne

How it travels

Estimated sea route from Umm Qasr to Singapore.

The estimated sea route between Umm Qasr and Singapore is 3,941 nautical miles (7,298 km) long: ≈ 9–11.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Hormuz; and Strait of Malacca and Singapore.

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

  1. Sea$1.6 billion · 98.5%
  2. Air$24 million · 1.5%

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

How much each matters to the other

Singapore was Iraq’s 13th largest trading partner (1% of its trade), and Iraq was Singapore’s 38th (0.2%).

Singapore in Iraq’s trade
1%
Singapore’s rank among Iraq’s partners
13th
Iraq in Singapore’s trade
0.2%
Iraq’s rank among Singapore’s partners
38th

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.