2022
Flag  
GDP
$25.5TCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
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2022
Flag
 GDP
$264BCURRENT US$
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2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
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2022
Flag
GDP PC 
$76,399CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
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2022
Flag
GDP PC
$5,937CURRENT US$
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2012-2022
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GDP PC GROWTH
-7.77%CURRENT US$
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About

United States-Iraq Trade: In 2022, United States exported $1.04B to Iraq. The main products that United States exported to Iraq were Cars ($79.4M), Excavation Machinery ($59.5M), and Rice ($59.3M). Over the past 5 years the exports of United States to Iraq have increased at an annualized rate of 228%, from $2.72M in 2017 to $1.04B in 2022.

In 2022, United States did not export any services to Iraq.

Iraq-United States Trade: In 2022, Iraq exported $11.2B to United States. The main products that Iraq exported to United States were Crude Petroleum ($7.87B), Refined Petroleum ($2.45B), and Documents of title (bonds etc) and unused stamps ($3.29M). Over the past 5 years the exports of Iraq to United States have increased at an annualized rate of 104%,  from $317M in 2017 to $11.2B in 2022.

In 2022, Iraq did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Company data: In 2023, leading companies such as Chevron (2) were at the forefront of exporting goods from Iraq to the United States. Conversely, SOMO OIL MARKETING COMPANY (2) were notable for importing products to Iraq from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $1.04B to Iraq. The main products exported from United States to Iraq were Cars ($79.4M), Excavation Machinery ($59.5M), and Rice ($59.3M). During the last 5 years the exports of United States to Iraq have increased at an annualized rate of 228%, from $2.72M in 2017 to $1.04B in 2022.

In 2017, Iraq exported $11.2B to United States. The main products exported from Iraq to United States were Crude Petroleum ($7.87B), Refined Petroleum ($2.45B), and Documents of title (bonds etc) and unused stamps ($3.29M). During the last 20 years the exports of Iraq to United States have increased at an annualized rate of 104%, from $317M in 1997 to $11.2B in 2017.

Exports from United States (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Iraq
Top Destination
India$38.8B

This map shows whether countries import more from United States or Iraq. Each country is colored based on the difference in imports they receive from United States and Iraq or the difference in the growth in imports.

In 2022, countries that imported more from United States than Iraq included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Iraq than United States included Greece ($6.27B) and Serbia ($1.21B).

Difference in imports from Iraq (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Iraq

Flow
Scale

This chart compares trade between United States and Iraq by product, considering products traded by both, United States and Iraq.

During 2022, United States had a large net trade with Iraq in the exports of Machines ($358M), Vegetable Products ($144M), and Transportation ($127M).

During 2017, Iraq had a large net trade with United States in the exports of Mineral Products ($10.3B), Paper Goods ($3.29M), and Foodstuffs ($1.02M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Iraq. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Iraq (Flag) (2022)

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