Iraq Trade Summary
U.S. goods and services trade with Iraq totaled an estimated $12.0 billion in 2024, down 8.1 percent ($1.0 billion) from 2023.
U.S. total goods trade (exports plus imports) with Iraq was an estimated $9.2 billion in 2024. U.S. goods exports to Iraq in 2024 were $1.7 billion, down 25.9 percent ($583.9 million) from 2023. U.S. goods imports from Iraq in 2024 totaled $7.5 billion, down 10.8 percent ($909.1 million) from 2023. The U.S. goods trade deficit with Iraq was $5.9 billion in 2024, a 5.2 percent decrease ($325.2 million) over 2023.
U.S. total services trade (exports plus imports) with Iraq totaled an estimated $2.8 billion in 2024. U.S. services exports to Iraq in 2024 were $2.2 billion, up 23.9 percent ($432 million) from 2023. U.S. services imports from Iraq in 2024 were $532 million, up 2.1 percent ($11 million) from 2023. The U.S. services trade surplus with Iraq was $1.7 billion in 2024, a 32.7 percent increase ($420 million) over 2023.
