Iraq vs Kuwait: Net trade in goods
Net trade in goods over time
- Iraq
- Kuwait
How they compare
Kuwait currently reports 33.18 billion BoP, current US$ against 26.69 billion BoP, current US$ in Iraq, a difference of 6.49 billion BoP, current US$.
That makes Kuwait's figure about 1.2 times Iraq's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Kuwait ahead.
Iraq ranks 21st and Kuwait ranks 18th of 199 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.32 billion BoP, current US$ | 42.59 billion BoP, current US$ | 27.27 billion BoP, current US$ | Kuwait |
| 2010s | 29.81 billion BoP, current US$ | 54.56 billion BoP, current US$ | 24.75 billion BoP, current US$ | Kuwait |
| 2020s | 37.04 billion BoP, current US$ | 44.62 billion BoP, current US$ | 7.58 billion BoP, current US$ | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Iraq or Kuwait?
- Kuwait, at 33.18 billion BoP, current US$ against 26.69 billion BoP, current US$ in Iraq as of 2025.
- What is the difference in net trade in goods between Iraq and Kuwait?
- 6.49 billion BoP, current US$, with Kuwait ahead.
- How many years of comparable data are there for Iraq and Kuwait?
- 20 years are reported by both, from 2005 to 2024.
- How do Iraq and Kuwait rank globally for net trade in goods?
- Iraq ranks 21st and Kuwait ranks 18th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.