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Trade between Iraq and Turkey

In 2024, Iraq exported $1.8 billion to Turkey and imported $13 billion. Iraq ran a deficit of $11.2 billion with Turkey, compared with a deficit of $7.5 billion in 2019. Turkey was Iraq’s 3rd largest trading partner (9% of its trade), and Iraq was Turkey’s 10th (3%).

Summary

Iraq → Turkey
$1.8billion
Turkey → Iraq
$13billion
Iraq’s balance
-$11.2billion

Balance

Iraq’s trade balance with Turkey

Trade between Iraq and Turkey grew 124.3-fold since 1995

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

  • Exports 1.8
  • Imports 13
  • Balance -11.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$119 million-$119 million
1996$32 million$188 million-$156 million
1997$76 million$54 million$22 million
1998$13 million$11 million$2 million
1999$0$0$0
2000$0$0$0
2001$0$0$0
2002$0$0$0
2003$42 million$829 million-$787 million
2004$146 million$1.8 billion-$1.7 billion
2005$66 million$2.7 billion-$2.7 billion
2006$122 million$2.6 billion-$2.5 billion
2007$119 million$2.8 billion-$2.7 billion
2008$133 million$3.9 billion-$3.8 billion
2009$121 million$5.1 billion-$5 billion
2010$157 million$6 billion-$5.9 billion
2011$121 million$8.3 billion-$8.2 billion
2012$209 million$10.8 billion-$10.6 billion
2013$174 million$12.9 billion-$12.8 billion
2014$300 million$13.2 billion-$12.9 billion
2015$329 million$10 billion-$9.6 billion
2016$895 million$8.5 billion-$7.6 billion
2017$1.6 billion$10.1 billion-$8.5 billion
2018$1.6 billion$9.4 billion-$7.8 billion
2019$2.7 billion$10.2 billion-$7.5 billion
2020$8.2 billion$9.1 billion-$938 million
2021$1.7 billion$11.1 billion-$9.5 billion
2022$1.4 billion$13.7 billion-$12.3 billion
2023$1.5 billion$12.8 billion-$11.3 billion
2024$1.8 billion$13 billion-$11.2 billion

What they sell each other

What Iraq sells to Turkey

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

  1. Refined petroleum$1.2 billion · 67.9%
    3.7 million tonnes · Iraq’s destinations
  2. Petroleum coke and bitumen$407 million · 22.3%
    956 thousand tonnes
  3. Waste paper$61 million · 3.3%
    358 thousand tonnes
  4. Aluminum scrap$13 million · 0.68%
    6 thousand tonnes
  5. Refined copper$11 million · 0.6%
    1 thousand tonnes · Turkey’s sources
  6. Plastic waste and scrap$11 million · 0.59%
    52 thousand tonnes
  7. Tanned cattle hides$9 million · 0.49%
    22 thousand tonnes
  8. Uninsulated copper cable$8 million · 0.45%
    795 tonnes
  9. Soft drinks$8 million · 0.45%
    9 thousand tonnes
  10. Wheat$8 million · 0.43%
    450 tonnes

What Turkey sells to Iraq

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

  1. Jewelry$996 million · 7.7%
    28 tonnes · Turkey’s destinations
  2. Bread, biscuits and pastries$453 million · 3.5%
    173 thousand tonnes
  3. Wheat flour$450 million · 3.5%
    999 thousand tonnes
  4. Poultry meat$444 million · 3.4%
    221 thousand tonnes
  5. Furniture$398 million · 3.1%
    200 thousand tonnes · Turkey’s destinations
  6. 447 thousand tonnes
  7. Toilet paper and tissues$285 million · 2.2%
    115 thousand tonnes
  8. Cables and wire$239 million · 1.8%
    41 thousand tonnes · Turkey’s destinations
  9. Wheat$236 million · 1.8%
    790 thousand tonnes
  10. 213 thousand tonnes

How it travels

Estimated sea route from Umm Qasr to Istanbul.

The estimated sea route between Umm Qasr and Istanbul is 12,440 nautical miles (23,039 km) long: ≈ 29–37 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, the Strait of Gibraltar and the Dardanelles (12,440 nautical miles); and 15% via the Strait of Hormuz, the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (4,220 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

  1. Sea$5.3 billion · 35.5%
  2. Land$9.6 billion · 64.5%

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

How much each matters to the other

Turkey was Iraq’s 3rd largest trading partner (9% of its trade), and Iraq was Turkey’s 10th (3%).

Turkey in Iraq’s trade
9.2%
Turkey’s rank among Iraq’s partners
3rd
Iraq in Turkey’s trade
2.5%
Iraq’s rank among Turkey’s partners
10th

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.