Overview In 2021, Iraq was the number 50 economy in the world in terms of GDP (current US$), the number 45 in total exports, the number 55 in total imports,
the number 98 economy in terms of GDP per capita (current US$) and the number 112 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Iraq are Crude Petroleum ($72B), Refined Petroleum ($5.49B), Gold ($2.08B), Petroleum Coke ($542M), and Petroleum Gas ($157M), exporting mostly to India ($23.5B), China ($23.3B), Greece ($8.7B), South Korea ($4.67B), and Italy ($3.97B).
Imports The top imports of Iraq are Refined Petroleum ($5.54B), Broadcasting Equipment ($3.11B), Cars ($2.22B), Jewellery ($2.21B), and Packaged Medicaments ($1.09B), importing mostly from United Arab Emirates ($14.3B), Turkey ($11.1B), China ($10.7B), India ($2.03B), and Germany ($1.06B).
In 2021, Iraq was the world's biggest importer of Wheat Flours ($488M)
Location Iraq borders Iran, Jordan, Kuwait, Saudi Arabia, Syria, and Turkey by land.