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Iraq is the 47th largest export economy in the world. In 2016, Iraq exported $44.6B and imported $33B, resulting in a positive trade balance of $11.5B. In 2016 the GDP of Iraq was $171B and its GDP per capita was $17.3k.

The top exports of Iraq are Crude Petroleum ($41.5B), Gold ($2.42B), Refined Petroleum ($327M), Tropical Fruits ($114M) and Recovered Paper ($17.5M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Jewellery ($3.18B), Refined Petroleum ($942M), Cars ($679M), Packaged Medicaments ($672M) and Broadcasting Equipment ($624M).

The top export destinations of Iraq are China ($9.5B), India ($9B), the United States ($5.6B), South Korea ($4.49B) and Italy ($2.95B). The top import origins are Turkey ($7.63B), China ($7.55B), the United Arab Emirates ($5.35B), South Korea ($1.44B) and the United States ($1.18B).

Iraq borders Iran, Jordan, Kuwait, Saudi Arabia, Syria and Turkey.

Economic Complexity of Iraq

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