Crude Petroleum in Iraq | OEC - The Observatory of Economic Complexity

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Exports In 2021, Iraq exported $72B in Crude Petroleum, making it the 4th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Iraq. The main destination of Crude Petroleum exports from Iraq are: China ($23.1B), India ($22.1B), Greece ($8.67B), Italy ($3.97B), and South Korea ($3.5B).

The fastest growing export markets for Crude Petroleum of Iraq between 2020 and 2021 were India ($8.89B), Greece ($6.62B), and China ($6.18B).

Imports In 2021, Iraq imported $33k in Crude Petroleum, becoming the 113th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1001st most imported product in Iraq. Iraq imports Crude Petroleum primarily from: Australia ($23k) and United Arab Emirates ($9.94k).

The fastest growing import markets in Crude Petroleum for Iraq between N/A and 2021 were Australia ($23k) and United Arab Emirates ($9.94k).

Jun 2023

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2021): $72B

IMPORTS (2021): $33k

NET TRADE (2021): $72B

In 2021, Iraq exported $72B in Crude Petroleum. The main destinations of Iraq exports on Crude Petroleum were China ($23.1B), India ($22.1B), Greece ($8.67B), Italy ($3.97B), and South Korea ($3.5B).

In 2021, Iraq imported $33k in Crude Petroleum, mainly from Australia ($23k) and United Arab Emirates ($9.94k).