Overview In 2020, Iraq was the number 53 economy in the world in terms of GDP (current US$), the number 44 in total exports, the number 51 in total imports,
the number 115 economy in terms of GDP per capita (current US$) and the number 90 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Iraq are Crude Petroleum ($45.2B), Gold ($7.98B), Refined Petroleum ($4.25B), Petroleum Coke ($424M), and Coal Tar Oil ($102M), exporting mostly to China ($17B), India ($14.4B), Turkey ($8.19B), South Korea ($3.78B), and United States ($2.85B).
Imports The top imports of Iraq are Broadcasting Equipment ($3.33B), Refined Petroleum ($2.6B), Cars ($1.86B), Jewellery ($1.44B), and Packaged Medicaments ($996M), importing mostly from United Arab Emirates ($13.1B), China ($10.9B), Turkey ($9.14B), India ($1.46B), and Germany ($1.04B).
Location Iraq borders Iran, Jordan, Kuwait, Saudi Arabia, Syria, and Turkey by land.