Foreign trade as a share of GDP reached 77.3 % in 2019 in Iraq, according to the National Statistical Office. This is 3.22 % less than in the previous year.
Historically, foreign trade as a share of GDP in Iraq reached an all time high of 154 % in 2003 and an all time low of % in. When compared to Iraq's main peers, foreign trade as a share of GDP in Iran amounted to 56.2 % and 63.7 % in Saudi Arabia in 2019.
Iraq has been ranked 76th within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 1 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.