Iraq-Brazil Trade Gap Widens to $1.48 Billion in 2025
Trade relations between Iraq and Brazil have revealed a stark imbalance, with data showing a significant trade gap that reached $1.48 billion in 2025. While Brazil has established itself as a critical supplier of essential commodities to the Iraqi market, Iraq’s exports to South America remain marginal, relying almost exclusively on a small volume of energy products.
The Scale of the Trade Imbalance
According to data from the United Nations COMTRADE, Brazil’s exports to Iraq surged to approximately $1.49 billion. This massive influx of goods is driven primarily by the agricultural sector. Brazil has become a key partner for Iraq’s food security, exporting large quantities of:
- Sugar
- Vegetable oils
- Meat products
In contrast, Iraq’s exports to Brazil were nearly negligible in comparison, totaling just $3.06 million for the year. This creates a trade deficit where Brazilian goods outweigh Iraqi shipments by a ratio of nearly 500 to 1.
Iraq’s Export Profile to Brazil
The limited flow of goods from Iraq to Brazil consists mostly of crude oil and small quantities of mineral products. Specifically, oil exports to Brazil reached roughly 34,000 barrels over the course of 2025.
From a strategic standpoint, Brazil remains a secondary destination for Iraqi crude. Iraq continues to prioritize key European buyers, such as Greece and Spain, for its primary energy exports.
Key Takeaways: Iraq-Brazil Trade 2025
- Total Trade Gap: $1.48 billion.
- Brazilian Exports: ~$1.49 billion (mainly food and agricultural products).
- Iraqi Exports: $3.06 million (primarily crude oil and minerals).
- Oil Volume: Roughly 34,000 barrels of crude oil sent to Brazil.
- Data Source: United Nations COMTRADE.
Looking Ahead
The current trade dynamic highlights Iraq’s heavy reliance on Brazilian agriculture to meet domestic demand. While the energy sector provides Iraq with its primary economic leverage globally, the marginal export volume to Brazil suggests a relationship that is currently one-sided, focused more on food imports than a balanced bilateral exchange of goods.