Economy

Economic Information

Major Industries: **Iraq has the second largest oil reserve in the world. Iraq's industrial production growth rate is 10.5 percent.
 * Petroleum, Chemicals, Textiles, Leather, Constrution Materials, Food processing, Fertilizer, Metal Fabrication/Processing
 * Oil Industry

Unemployment Rate: Products that are Imports and Exports: "Oil-for-Food" is where the United States provides necessities such as food, medicine, and other basic supplies to Iraq in exchange for oil. 2. Imports: Trade Partners: 1. Exports: United States, Jordan, Italy, Marocco, Canada, Brazil, Spain, The Netherlands, Japan, and Australia 2. Imports: United States, Vietnam, Jordan, Germany, Russia, United Kingdom, France, Italy, Japan, and Australia
 * 18 to 30 percent
 * 1) Exports:
 * Crude oil is 84 percent
 * Crude materials excluding fuels is 8 percent
 * Food and live animals is 5 percent
 * Wheat, Barley, Rice, Vegetables, Dates, and Cotton
 * Cattle, Sheep, and Poultry
 * <span style="font-family: Tahoma, Geneva, sans-serif;">Food, Motor Vehicles, Spare Parts, Iron, Steel, and Medicine