Iraq
Asia & Middle East
Trade in Iraq
| Iraq was the world’s 36th largest exporter of goods and 76th largest exporter of commercial services in 2022. Export values were $138.29 billion and $6.37 billion USD respectively. Iraq’s top export category was Fuels and mining products, followed by Manufactures, and Agricultural products. In 2022, Iraq’s main export destination markets for goods and services trade were to United Arab Emirates, Syrian Arab Republic and Turkey. In terms of imports, Iraq is the world’s 50th largest importer of goods and 46th largest importer of commercial services. Import values were $87.22 billion and $23.38 billion USD respectively in 2022. Iraq’s top import category was Manufactures, followed by Agricultural products and Machinery and transport equipment. Leading import partners were China, United Arab Emirates and Korea, Republic of. Iraq is part of 2 different Regional Trade Agreements, including Global System of Trade Preferences among Developing Countries (GSTP) and Pan-Arab Free Trade Area (PAFTA). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Iraq |
Abbreviation |
IQ |
Capital |
Baghdad |
WTO Membership Date |
Observer |
Legal System |
mixed legal system of civil and Islamic law |
Language |
Arabic |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Iraqi dinar |
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Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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