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Trade between Iraq and the United States

In 2024, Iraq exported $7.7 billion to the United States and imported $1.6 billion. Iraq ran a surplus of $6.1 billion with the United States, compared with a surplus of $6 billion in 2019. The United States was Iraq’s 5th largest trading partner (6% of its trade), and Iraq was the United States’ 55th (0.2%).

Summary

Iraq → United States
$7.7billion
United States → Iraq
$1.6billion
Iraq’s balance
$6.1billion

Balance

Iraq’s trade balance with the United States

Trade between Iraq and the United States grew 3,402.1-fold since 1996

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

  • Exports 7.7
  • Imports 1.6
  • Balance +6.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$0$3 million-$3 million
1997$317 million$82 million$235 million
1998$1.4 billion$100 million$1.3 billion
1999$4.5 billion$10 million$4.5 billion
2000$6.1 billion$10 million$6.1 billion
2001$5.8 billion$46 million$5.8 billion
2002$3.8 billion$32 million$3.7 billion
2003$4.9 billion$299 million$4.6 billion
2004$9.1 billion$818 million$8.2 billion
2005$9.3 billion$1.3 billion$8 billion
2006$11.8 billion$1.5 billion$10.4 billion
2007$11.4 billion$1.5 billion$9.8 billion
2008$22.7 billion$2.1 billion$20.6 billion
2009$9.6 billion$1.6 billion$8 billion
2010$12.6 billion$1.5 billion$11.1 billion
2011$17.4 billion$2.3 billion$15.1 billion
2012$19.6 billion$1.8 billion$17.8 billion
2013$13.5 billion$1.9 billion$11.7 billion
2014$14 billion$2 billion$12 billion
2015$4.6 billion$1.6 billion$3 billion
2016$6.3 billion$1.2 billion$5.1 billion
2017$11.2 billion$1 billion$10.1 billion
2018$12.1 billion$1.3 billion$10.9 billion
2019$7.2 billion$1.2 billion$6 billion
2020$3.3 billion$729 million$2.5 billion
2021$3.9 billion$767 million$3.1 billion
2022$10.3 billion$897 million$9.4 billion
2023$8.9 billion$1.4 billion$7.5 billion
2024$7.7 billion$1.6 billion$6.1 billion

What they sell each other

What Iraq sells to the United States

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

  1. Crude petroleum$5.8 billion · 75.8%
    11.2 million tonnes · Iraq’s destinations
  2. Refined petroleum$1.8 billion · 23.9%
    3.5 million tonnes · Iraq’s destinations
  3. Stamps and banknotes$13 million · 0.17%
    2 tonnes
  4. Antiques$2 million · 0.02%
    2 tonnes
  5. Sculptures$1 million · 0.01%
  6. Soft drinks$672 thousand · 0.01%
    540 tonnes
  7. Air pumps, compressors and fans$416 thousand · 0.01%
    17 tonnes
  8. Candy and sweets$310 thousand · 0%
    79 tonnes
  9. Collectors' items$282 thousand · 0%
  10. Paper labels$260 thousand · 0%

What the United States sells to Iraq

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

  1. Cars$434 million · 27.3%
    20 thousand tonnes · the United States’ destinations
  2. Vaccines, blood and antisera$120 million · 7.5%
    7 tonnes · the United States’ destinations
  3. Turbojets and gas turbines$109 million · 6.9%
    21 tonnes · the United States’ destinations
  4. Rice$85 million · 5.4%
    132 thousand tonnes · the United States’ destinations
  5. Soybeans$62 million · 3.9%
    118 thousand tonnes · the United States’ destinations
  6. Poultry meat$44 million · 2.8%
    42 thousand tonnes · the United States’ destinations
  7. Auto parts$36 million · 2.3%
    2 thousand tonnes · the United States’ destinations
  8. Trucks$35 million · 2.2%
    4 thousand tonnes · the United States’ destinations
  9. 6 thousand tonnes
  10. 85 tonnes

How it travels

Estimated sea route from Umm Qasr to Los Angeles.

The estimated sea route between Umm Qasr and Los Angeles is 11,934 nautical miles (22,102 km) long: ≈ 27.5–35.5 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$8.6 billion · 93.3%
  2. Air$619 million · 6.7%

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

How much each matters to the other

The United States was Iraq’s 5th largest trading partner (6% of its trade), and Iraq was the United States’ 55th (0.2%).

The United States in Iraq’s trade
5.8%
The United States’ rank among Iraq’s partners
5th
Iraq in the United States’ trade
0.2%
Iraq’s rank among the United States’ partners
55th

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.