Iraq Balance of Trade  1988-2016 | Data | Chart | Calendar | Forecast

Iraq recorded a trade surplus of 4397 USD Million in 2015. Balance of Trade in Iraq averaged 10314.86 USD Million from 1988 until 2015, reaching an all time high of 47550.00 USD Million in 2008 and a record low of -3492.00 USD Million in 2004.

Iraq Balance of Trade
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Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 4397.00 30804.00 47550.00 -3492.00 USD Million [+]
Exports 43442.00 83981.00 94209.00 1720.40 USD Million [+]
Imports 39045.00 53177.00 59349.00 2681.90 USD Million [+]
Current Account 15861.00 26440.00 58507.00 -15410.00 USD Million [+]
Current Account to GDP -0.80 1.30 15.87 -17.49 percent [+]
Gold Reserves 89.82 89.82 89.82 0.00 Tonnes [+]
Crude Oil Production 4455.00 4415.00 4775.00 0.00 BBL/D/1K [+]
Terrorism Index 9.96 10.00 10.00 4.09 [+]



Iraq Balance of Trade Notes

Iraq has been recording trade surpluses since 2005 due to a rise in the shipments of oil (99 percent of total exports). Main imports are: machinery and transport equipment; manufactured articles and mineral fuels. Main trading partners are: United States (25 percent of total exports and 6 percent of imports) and China (12 percent of exports and 14 percent of imports). Others include: Syria, India and South Korea. This page provides - Iraq Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4397.00 30804.00 47550.00 -3492.00 1988 - 2015 USD Million Yearly



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