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U.S. Imports
$71.9M
U.S. Exports
$55.0M
Deficit of $16.8M (net importer)
The United States imported $71.9M/month and exported $55.0M/month with Iraq as of July 2026, covering 83 product categories.
In July 2026, the U.S. ran a monthly goods trade deficit of $16.8M with Iraq, importing 1.3× as much as it exported. U.S. goods imports from Iraq of $71.9M in July 2026 ran 77% below the year-to-date monthly average of $314.6M.
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.
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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.
Full import breakdown with all product categories
Full export breakdown with monthly trends
24-month import and export trend charts
EU customs territory, FTA coverage, and tariff treatment for Iraq
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| Rank | Product | Import value |
|---|---|---|
| 1 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $71.1M |
| 2 | UNUSED POSTAGE, CHECK FORMS, BANKNOTES, STOCK, ETC | $463K |
| 3 | IMPORTS OF ARTICLES EXPORTED & RETURNED, NO CHANGE | $140K |
| 4 | WATERS, INCL MINERAL & AERATED, SWEETND OR FLAVORD | $81K |
| 5 | ESTIMATED IMPORTS OF LOW VALUED TRANSACTIONS | $17K |
| Rank | Product | Export value |
|---|---|---|
| 1 | REVOLVERS & PISTOLS, DESIGNED TO FIRE LIVE AMMO | $7.2M |
| 2 | GAS TURBINE PARTS NESOI | $5.8M |
| 3 | FILTER/PURIFY MACHINE & APPARATUS FOR GASES NESOI | $4.4M |
| 4 | PARTS OF ELECTRIC MOTORS, GENERATORS & SETS | $2.8M |
| 5 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $2.6M |
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Annual data from BEA | 2024
Services Exports
$2.2B
Services Imports
$532.0M