How does Iraq rank globally on Merchandise exports by the reporting economy (current US$)?

In 2023, Iraq ranked #37 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).

How does Iraq's Merchandise exports by the reporting economy (current US$) compare to the world average?

The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 23.

Iraq: Merchandise exports by the reporting economy (current US$)

Name: Iraq: Merchandise exports by the reporting economy (current US$)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2023, Iraq's Merchandise exports by the reporting economy (current US$) was $107.39 billion.

That's down 14.8% from 2022, the highest value since 2022.

The global average for this indicator in 2023 was $111.31 billion . Iraq ranks #37 globally out of 205 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 23.

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: $126.02B; 2022
Trough: $16.64B; 2004
1-year change: -14.8%
5-year change: +16.2%; +3.0% / yr
10-year change: +26.6%; +2.4% / yr

Historical Data — Last 10 Years

Year	Merchandise exports by the reporting economy (current US$)
2023	107.392B
2022	126.017B
2021	83.342B
2020	59.754B
2019	87.158B
2018	92.436B
2017	65.510B
2016	46.435B
2015	51.480B
2014	81.895B

About Merchandise exports by the reporting economy (current US$)

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Indicator code: TX.VAL.MRCH.WL.CD • Category: Trade & Finance

Frequently asked questions

What was Iraq's Merchandise exports by the reporting economy (current US$) in 2023?: In 2023, Iraq's Merchandise exports by the reporting economy (current US$) was $107.39 billion, according to World Bank Open Data.
Is Iraq's Merchandise exports by the reporting economy (current US$) rising or falling?: Iraq's Merchandise exports by the reporting economy (current US$) fell 14.8% from 2022 to 2023.
How does Iraq rank globally on Merchandise exports by the reporting economy (current US$)?: In 2023, Iraq ranked #37 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).
How does Iraq's Merchandise exports by the reporting economy (current US$) compare to the world average?: The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 23.
What is Merchandise exports by the reporting economy (current US$) and how is it measured?: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

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Source: World Bank Open Data (TX.VAL.MRCH.WL.CD), CC BY 4.0.