Iraq - Trade Balance 1989
$-595.8M
+$1.4B from 1988
Iraq's trade balance was $-595.8M in 1989, increased +$1.4B from $-2.0B in 1988. This was the 33rd highest globally.
Global Ranking - 1989▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-86.7B | 20.7% |
| 2nd | United Kingdom | $-31.5B | -14.5% |
| 3rd | Spain | $-17.3B | -119.6% |
| 4th | Iran, Islamic Republic of | $-10.0B | -15.6% |
| 5th | Germany | $-8.9B | -74.6% |
| 6th | Greece | $-6.2B | -35.2% |
| 7th | Egypt, Arab Republic of | $-5.8B | 7.4% |
| 8th | Algeria | $-5.5B | -31.0% |
| 9th | Australia | $-5.5B | -252.4% |
| 10th | China | $-4.9B | -21.3% |
| 11th | France | $-4.2B | -10.3% |
| 12th | Saudi Arabia | $-4.1B | -20.6% |
| 13th | Cuba | $-3.7B | -20.8% |
| 14th | Portugal | $-3.6B | 19.4% |
| 15th | India | $-3.4B | 20.2% |
| 16th | Pakistan | $-2.5B | -17.8% |
| 17th | Finland | $-2.2B | -475.3% |
| 18th | Bangladesh | $-2.1B | -15.0% |
| 19th | Israel | $-2.0B | 28.2% |
| 20th | Lebanon | $-2.0B | - |
| 21st | Thailand | $-1.9B | -116.2% |
| 22nd | Türkiye | $-1.7B | -268.9% |
| 23rd | Morocco | $-1.4B | -3,612.7% |
| 24th | Mongolia | $-1.1B | 6.7% |
| 25th | Philippines | $-874.8M | -400.3% |
| 26th | Sudan | $-855.6M | -52.2% |
| 27th | Jordan | $-774.5M | 41.9% |
| 28th | Austria | $-676.1M | -20.5% |
| 29th | Sri Lanka | $-663.6M | 11.6% |
| 30th | Senegal | $-648.7M | 4.5% |
| 31st | Viet Nam | $-642.3M | 77.2% |
| 32nd | Ecuador | $-631.6M | -4.1% |
| 33rd | Iraq | $-595.8M | 69.6% |
| 34th | Kenya | $-587.3M | -34.3% |
| 35th | Dominican Republic | $-543.6M | -323.4% |
| 36th | Uganda | $-535.0M | 19.5% |
| 37th | El Salvador | $-457.0M | -68.5% |
| 38th | Guatemala | $-434.6M | 5.0% |
| 39th | Papua New Guinea | $-429.1M | -35.3% |
| 40th | Somalia, Fed. Rep. | $-406.5M | -125.5% |
| 41st | Ghana | $-399.2M | -30.6% |
| 42nd | Haiti | $-397.6M | 5.9% |
| 43rd | Nepal | $-395.4M | -3.7% |
| 44th | Burkina Faso | $-389.6M | 7.7% |
| 45th | Cyprus | $-384.0M | -65.4% |
| 46th | Bulgaria | $-382.1M | -412.7% |
| 47th | Tunisia | $-335.0M | -1,021.0% |
| 48th | Nicaragua | $-330.9M | 68.8% |
| 49th | Panama | $-300.7M | -360.8% |
| 50th | Mali | $-287.8M | 24.9% |
| 51st | Rwanda | $-268.1M | -1.9% |
| 52nd | Chad | $-252.7M | -13.0% |
| 53rd | Georgia | $-248.1M | 31.3% |
| 54th | Malta | $-218.9M | -14.0% |
| 55th | Guinea-Bissau | $-206.7M | -24.8% |
| 56th | Costa Rica | $-203.8M | -147.1% |
| 57th | Italy | $-180.6M | -145.1% |
| 58th | Togo | $-177.5M | 23.2% |
| 59th | Benin | $-169.9M | 42.6% |
| 60th | Mauritius | $-159.9M | -51.0% |
| 61st | Niger | $-146.0M | -21.1% |
| 62nd | Mexico | $-144.5M | -105.7% |
| 63rd | Lao PDR | $-141.8M | -29.6% |
| 64th | Seychelles | $-128.8M | -2.4% |
| 65th | Solomon Islands | $-119.9M | 0.1% |
| 66th | Cabo Verde | $-115.0M | -1.7% |
| 67th | Bahamas, The | $-102.2M | -168.2% |
| 68th | Central African Republic | $-76.0M | 17.8% |
| 69th | Albania | $-64.9M | -7.6% |
| 70th | Comoros | $-59.4M | 2.3% |
| 71st | Ukraine | $-53.9M | - |
| 72nd | Tonga | $-40.1M | 14.6% |
| 73rd | Belize | $-39.3M | -84.4% |
| 74th | Vanuatu | $-36.8M | -0.8% |
| 75th | Honduras | $-35.6M | -53.5% |
| 76th | Madagascar | $-33.4M | 68.6% |
| 77th | Bolivia, Plurinational State of | $-31.0M | 84.6% |
| 78th | Kiribati | $-29.6M | -9.1% |
| 79th | Gambia, The | $-29.0M | -34.6% |
| 80th | Bhutan | $-27.4M | 54.2% |
| 81st | Guyana | $-27.3M | -53.5% |
| 82nd | Syrian Arab Republic | $-3.1M | 99.7% |
| 83rd | Faroe Islands | $4.4M | 103.5% |
| 84th | Mauritania | $4.6M | 108.7% |
| 85th | Peru | $27.6M | 105.9% |
| 86th | Guinea | $31.8M | 131.7% |
| 87th | Sierra Leone | $58.3M | -61.5% |
| 88th | Namibia | $85.2M | 127.1% |
| 89th | Iceland | $120.2M | 300.0% |
| 90th | Zimbabwe | $134.5M | -49.1% |
| 91st | Canada | $147.8M | -96.1% |
| 92nd | Gabon | $192.5M | 199.2% |
| 93rd | Côte d'Ivoire | $290.6M | 9.1% |
| 94th | New Zealand | $317.2M | -82.4% |
| 95th | Cameroon | $323.5M | 3,606.0% |
| 96th | Congo, Republic of | $327.3M | 7,398.1% |
| 97th | Botswana | $403.6M | -42.6% |
| 98th | Bahrain | $425.5M | -35.6% |
| 99th | Macao SAR, China | $478.3M | 25.6% |
| 100th | Uruguay | $489.0M | 37.7% |
| 101st | Brunei Darussalam | $794.3M | -70.2% |
| 102nd | Sweden | $901.0M | -72.0% |
| 103rd | Paraguay | $989.8M | 98.9% |
| 104th | Luxembourg | $1.3B | 46.9% |
| 105th | Chile | $1.3B | -21.6% |
| 106th | Colombia | $1.7B | 73.6% |
| 107th | Ireland | $2.1B | -6.1% |
| 108th | Puerto Rico (US) | $2.3B | 10.4% |
| 109th | Malaysia | $2.4B | -34.6% |
| 110th | Switzerland | $2.5B | -7.8% |
| 111th | Kuwait | $2.7B | 180.3% |
| 112th | Indonesia | $2.9B | 22.5% |
| 113th | Norway | $3.3B | 483.8% |
| 114th | Singapore | $3.4B | 38.4% |
| 115th | Belgium | $3.6B | -7.1% |
| 116th | Korea | $4.1B | -66.2% |
| 117th | Denmark | $4.3B | 6.2% |
| 118th | Russian Federation | $4.5B | - |
| 119th | Argentina | $5.0B | 17.9% |
| 120th | South Africa | $5.1B | -14.9% |
| 121st | Hong Kong SAR, China | $7.9B | 48.0% |
| 122nd | Netherlands | $12.6B | 12.2% |
| 123rd | Brazil | $14.3B | -16.4% |
| 124th | Japan | $41.3B | -31.5% |
FAQ
What was Iraq's trade balance in 1989?▾
Iraq's trade balance in 1989 was $-595.8M. This ranked 33rd globally.
How did Iraq's trade balance change in 1989?▾
Iraq's trade balance increased by 69.6% in 1989 compared to 1988.
Which country had the highest trade balance in 1989?▾
Japan had the highest trade balance in 1989 at $41.3B.
What is the trade balance of Iraq in 1989?▾
The trade balance of Iraq in 1989 was $-595.8M. This ranked 33rd globally.
How does 1989 compare to 1988 for Iraq's trade balance?▾
Iraq's trade balance went from $-2.0B in 1988 to $-595.8M in 1989, a 69.6% increase.
Related
1988
1990
All years
Full ranking 1989
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 2022
Lowest: 1982
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
Highest ever
Lowest ever
Average
vs Tuvalu
vs Samoa
vs El Salvador
vs Tonga
Organisation of Islamic Cooperation Trade Balance
OPEC Trade Balance
Global Ranking