Exports in Iraq

Iraq Exports | Economic News & Forecasts

Iraq - Exports

The economy likely grew robustly in Q1, aided by an over 9% annual expansion in oil output as OPEC+ curbs were gradually loosened. Moreover, surging oil prices will have boosted government revenues. These same dynamics of higher oil production and prices should be aiding economic momentum moving into Q2. However, a new government has yet to be formed—roughly seven months after the elections—due to discord between cleric al-Sadr’s Shiite movement and his Iran-backed political rivals. This is likely limiting the country’s ability to translate higher oil revenues into greater government spending, and has also stalled a much-vaunted USD 27 billion energy agreement with TotalEnergies. Moreover, food price rises in the wake of the war in Ukraine will be weighing on purchasing power and have already led to protests in the south of the country in March.

Iraq - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)51.3  41.3  57.6  86.4  81.6  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Iraq Facts

Value Change Date
Exchange Rate1,1940.0 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form