Trade in goods with USA SITC (Standard International Trade Classification)
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Iraq trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.10.10.00.10.0
Import0.20.10.20.10.2
Trade in Goods0.10.10.10.10.1

USA's foreign trade with Iraq, exports to Iraq and imports from Iraq in Juli 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Iraq was USA's 61. most important foreign trade partner. Decrease from the previous month was 3 places. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $483 million was 144.4 per cent bigger than in Juli of the previous year. In Juli the trade balance with Iraq was $409 million in deficit for United States of America.

The value of imports from Iraq was 219.2 per cent higher than in Juli of the previous year, thus amounting to $446 million. More than half of the value of imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) representing a share of 92.4 per cent. The second major category of imports was Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), corresponding to the share of 7.5 per cent of imports.

The value of exports to Iraq amounted to more than a third lower relative to the previous year's Juli, thus amounting to $37 million in Juli 2021. The largest product groups of exports were: Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors), which represented a share of 17.8 per cent of total exports, Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 12.0 % and Sitc782 (motor vehicles for the transport of goods and special-purpose motor vehicles) 6.9 % of the exports.

Development during January-Juli 2021

The trade in goods between January and Juli of 2021 was of lesser value than in the corresponding period of the previous year. The value of the trade was $2.5 billion, down 9.4 %. During January-Juli the value of imports was $2.1 billion. The export value was $433 million. Compared to the corresponding period in 2020, the value of imports decreased by 10.8% and the value of exports by 2.2 %. The largest product group in terms of imports has been Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $2.0 billion. In export the largest value had Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), worth being $43 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $1.7 billion. The trade deficit narrowed compared to the corresponding period in 2020. At that time, the deficit was $1.9 billion.


Table: USA's export to Iraq (IQ) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 1.7 2.1 2.8 3.6 1.2 2.5 0.10 1.2 0.9 2.3
09. Miscellaneous edible products and preparations 1.2 1.4 1.9 2.4 0.4 0.7 0.4 0.5 0.5 1.1
2. Crude materials,inedible,except fuels 0.7 0.8 0.3 0.4 0.5 0.9 0.4 0.5 0.4 0.9
3. Mineral fuels etc 1.3 1.6 1.2 1.5 1.8 3.6 0.9 1.1 0.9 2.2
33. Petroleum and products 1.3 1.6 1.2 1.5 1.8 3.6 0.9 1.1 0.9 2.2
5. Chemicals and related products,n.e.s. 18.0 22.0 4.1 5.4 6.2 13.1 7.9 10.3 2.9 7.7
53. Dyeing,tanning and colouring material 0.1 0.1 0.1 0.1 0.1 0.0 0.6 0.8 0.1 0.1
54. Medicinal and pharmaceutical products 15.5 19.0 2.3 3.0 1.4 2.8 3.6 4.7 1.1 2.8
55. Perfume,cleaning etc.preparations 0.6 0.6 0.9 1.1 0.5 0.9 0.7 0.9 0.4 0.9
57. Plastics in primary forms 0.1 0.0 0.1 0.0 0.3 0.5 0.9 1.1 0.2 0.3
59. Chemical materials and products,n.e.s. 1.7 2.0 0.7 0.9 3.7 7.8 1.9 2.4 0.5 1.2
6. Basic manufactures 3.7 4.4 2.5 3.3 1.6 3.4 2.1 2.8 1.6 4.2
62. Rubber manufactures,n.e.s. 0.1 0.1 0.8 1.0 0.2 0.3 0.2 0.3 0.1 0.2
66. Non-metallic mineral manufactures,n.e.s. 0.6 0.7 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.2
69. Manufactures of metals,n.e.s. 2.3 2.8 1.4 1.8 0.7 1.4 1.2 1.6 0.10 2.5
7. Machinery,transport equipment 48.5 59.2 50.5 66.4 28.8 61.0 57.7 76.4 25.10 69.6
71. Power generating machinery and equipment 5.7 6.9 9.9 13.0 1.7 3.4 18.1 23.9 8.1 21.5
72. Machinery for specialized industries 7.9 9.6 3.3 4.3 4.2 8.7 9.8 12.9 0.8 2.0
74. General industrial machinery n.e.s. 11.9 14.5 10.9 14.2 2.5 5.2 5.0 6.6 3.8 10.1
75. Office machines and adp machines 1.5 1.8 0.9 1.1 1.2 2.4 1.1 1.3 1.4 3.7
76. Telecommunications and sound recording equipment 2.1 2.5 0.7 0.9 0.9 1.7 0.9 1.1 0.8 1.9
77. Electric machinery,n.e.s.and parts 2.9 3.5 4.1 5.4 2.2 4.5 5.0 6.6 1.3 3.2
78. Road vehicles 11.10 14.6 15.5 20.3 15.0 31.8 15.2 20.1 9.1 24.3
79. Other transport equipment 4.6 5.6 5.5 7.1 1.6 3.2 3.0 3.9 1.0 2.7
8. Miscellaneous manufactured articles 7.1 8.6 13.8 18.2 6.6 13.9 4.7 6.2 4.4 11.8
84. Articles of apparel and clothing accessories 0.3 0.3 1.5 2.0 0.2 0.2 0.2 0.1 0.3 0.7
87. Instruments and apparates n.e.s. 6.1 7.4 7.1 9.3 5.2 11.0 3.9 5.1 3.7 9.8
89. Miscellaneous manufactured articles,n.e.s. 0.4 0.4 4.7 6.2 1.1 2.1 0.5 0.6 0.5 1.1
9. Goods not classified elsewhere 1.1 1.3 1.0 1.3 0.8 1.6 1.1 1.4 0.6 1.4
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 1.1 1.3 1.0 1.3 0.7 1.4 1.1 1.4 0.6 1.4
0-9. All groups combined 81.8 100.0 75.10 100.0 47.2 100.0 75.5 100.0 37.3 100.0

Source: US Census Bureau

Table: Import from Iraq (IQ) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
3. Mineral fuels etc 372.9 100.0 267.10 99.4 394.9 99.9 305.5 99.9 445.7 99.9
33. Petroleum and products 372.9 100.0 267.10 99.4 394.9 99.9 305.5 99.9 445.7 99.9
8. Miscellaneous manufactured articles 0.1 0.0 1.3 0.5 0.1 0.0 0.3 0.1 0.1 0.0
89. Miscellaneous manufactured articles,n.e.s. 0.1 0.0 1.3 0.5 0.1 0.0 0.3 0.1 0 0.0
0-9. All groups combined 373.0 100.0 269.5 100.0 395.3 100.0 305.9 100.0 445.10 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

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