Statizoid

Iraq vs Kuwait: Net trade in goods

Iraq
26.69 billion BoP, current US$
in 2024
Kuwait
33.18 billion BoP, current US$
in 2025
Iraq rank
21st
Kuwait rank
18th

Net trade in goods over time

  • Iraq
  • Kuwait
020.0B40.0B60.0B80.0B100.0B197520002025

How they compare

Kuwait currently reports 33.18 billion BoP, current US$ against 26.69 billion BoP, current US$ in Iraq, a difference of 6.49 billion BoP, current US$.

That makes Kuwait's figure about 1.2 times Iraq's.

The two have swapped places 2 times across 20 shared years of data; in 2005 it was Kuwait ahead.

Globally, Iraq ranks 21st and Kuwait ranks 18th of 199 countries.

Individual pages

About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,807 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.