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Export Market

Iraq

ISO: IQ / IRQ

Country Profile

Capital Baghdad
Population 46.1M
GDP $279.6B (2024)
GDP per Capita $6,074
Income Level Upper-Middle Income
Currency Iraqi dinar (IQD ع.د)
Language Arabic
Timezone UTC+03:00
Region Asia · Western Asia

Trade Partners

Iraq Exports To

  • China 33.0%
  • India 28.0%
  • USA 8.0%
  • Greece 5.0%
  • UAE 5.0%

Key exports: crude petroleum, refined petroleum, petroleum coke, gold, natural gas (2023)

Iraq Imports From

  • UAE 32.0%
  • China 20.0%
  • Turkey 18.0%
  • India 5.0%
  • USA 2.0%

Key imports: refined petroleum, cars, broadcasting equipment, jewelry, gold (2023)

Economic Overview

highly oil-dependent Middle Eastern economy; fiscal sustainability subject to fluctuation in oil prices; rising public confidence in economic conditions; import-dependent for most sectors; persistent challenges of corruption, informal markets, banking access, and political fragility

Government: federal parliamentary republic

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Iraq. Standard WTO terms apply.

Geographic Region

Middle East, Afghanistan and Pakistan

Export Guidance

Relevant guidance for exporting to Iraq.

Start Your Export Journey

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Also in This Region

🇦🇫 Afghanistan 🇧🇭 Bahrain 🇮🇷 Iran 🇮🇱 Israel FTA 🇯🇴 Jordan FTA 🇰🇼 Kuwait 🇱🇧 Lebanon FTA 🇴🇲 Oman

Official Resources

Government export support for Iraq.

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