Trade partner
U.S. Imports
$87.4M
August 2026
U.S. Exports
$97.0M
August 2026
Trade surplus
$9.5M
August 2026 · U.S. exports more than it imports
In August 2026 the United States imported $87.4M from Iraq and exported $97.0M to it, across 88 imported product categories.
Over the twelve months to August 2026, the U.S. imported $4.0B from Iraq and exported $1.3B to it. Compared with August 2025, U.S. goods imports from Iraq in August 2026 (preliminary) were 88% lower. U.S. goods imports from Iraq of $87.4M in August 2026 ran 69% below the year-to-date monthly average of $286.2M.
Iraq is a major oil-producing nation in the Middle East and a significant market for reconstruction-related imports including machinery, construction materials, and consumer goods. The US lifted most comprehensive sanctions on Iraq following the 2003 invasion, though targeted sanctions remain against specific individuals and entities. Iraq's economy is heavily dependent on petroleum exports, which account for the vast majority of government revenue and foreign exchange earnings.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Comprehensive US sanctions on Iraq were lifted after 2003. However, OFAC maintains targeted designations against specific Iraqi individuals and entities. All counterparties should be screened against the SDN list prior to any transaction.
Crude petroleum overwhelmingly dominates Iraq's exports, accounting for over 90% of export revenue. Other minor exports include dates and refined petroleum products.
Imports into Iraq generally require a commercial invoice, certificate of origin, packing list, bill of lading, and an import license for certain goods. Some products may require additional ministry approvals or conformity certificates.
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The top U.S. imports from Iraq are Petroleum Oils & Bituminous Mineral Oils, Crude Petroleum & Bituminous Mineral Oils and Unused Postage Stamps, by value in the latest month.
| Rank | Product | Import value |
|---|---|---|
| 1 | $58.3M | |
| 2 | $27.9M | |
| 3 | $989K | |
| 4 | US-Origin Articles Exported & Returned Without AdvancementChapter 98 · Special Classification Provisions | $98K |
| 5 | $36K | |
| 6 | $33K | |
| 7 | $22K | |
| 8 | Estimated Imports of Low-Valued TransactionsChapter 99 · Special Import Reporting Provisions | $17K |
| 9 | $17K | |
| 10 | $11K |
| Rank | Product | Export value |
|---|---|---|
| 1 | $24.8M | |
| 2 | Civilian Aircraft, Engines, Equipment, and PartsChapter 88 · Aircraft, Spacecraft & Parts | $23.0M |
| 3 |
| $4.0M |
| 4 | $3.5M |
| 5 | $3.4M |
| 6 | $3.1M |
| 7 | $2.5M |
| 8 | $2.4M |
| 9 | $2.1M |
| 10 | $1.9M |
Annual data from BEA | 2025
Services Exports
$1.9B
Services Imports
$541.0M