Net trade in goods in Iraq
Iraq: Net trade in goods was 26.69 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Iraq, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Iraq is 26.69 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is down 38.2% on the previous year and down 24.9% over ten years.
Over the whole period, net trade in goods in Iraq peaked at 71.13 billion BoP, current US$ in 2022 and was at its lowest, 3.70 billion BoP, current US$, in 2005.
That places Iraq 21st out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.32 billion BoP, current US$ | 3.70 billion BoP, current US$ | 33.97 billion BoP, current US$ | 5 |
| 2010s | 29.81 billion BoP, current US$ | 10.99 billion BoP, current US$ | 47.48 billion BoP, current US$ | 10 |
| 2020s | 37.04 billion BoP, current US$ | 5.81 billion BoP, current US$ | 71.13 billion BoP, current US$ | 5 |
Countries ranked near Iraq
More economy & growth data for Iraq
- External balance on goods and services as a percent of gdp 2.39 (2024)
- Inflation of consumer prices 0.3035 (2025)
- Gdp per capita worldbank constant usd 4,005 (2025)
- Manufacturing value added to gdp 4 (2025)
- Gdp worldbank constant usd 188.32 billion (2025)
- Gdp per capita in international and market dollars 4,005 (2025)
- DEC alternative conversion factor 1,300 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 464.62 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 357.40 million current US$ (2024)
- Net primary income (Net income from abroad) 1.73 trillion current LCU (2024)
Frequently asked questions
- What is net trade in goods in Iraq?
- Net trade in goods in Iraq was 26.69 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Iraq?
- The highest recorded value was 71.13 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods recorded in Iraq?
- The lowest recorded value was 3.70 billion BoP, current US$ in 2005.
- How does Iraq rank for net trade in goods?
- Iraq ranks 21st out of 198 countries with data for 2024.
- Is net trade in goods rising or falling in Iraq?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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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.