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Middle East

Iraq

EU Compliance · Geopolitical Risk · Sourcing Attractiveness

EU Compliance

lower score = lower risk

6.6

Geopolitical Risk

lower score = lower risk

5.4

Sourcing Attractiveness

higher score = more attractive

3.2

Why these scores

EU Compliance, by dimension

Forced & child labour5
Worker rights & FOA6
OHS & audit transparency7
Food & product safety6
Environmental & regulatory5
Governance & anti-corruption8
Tariff & preferential access7
Non-tariff barriers7
Supply chain traceability8

1 = lowest risk · methodology & sources

Geopolitical Risk, by dimension

Geopolitical conflict6
Supplier concentration7
Climate & physical risk4
Sanctions exposure3
Policy continuity & property rights7

1 = lowest risk · methodology & sources

Attractiveness, by dimension

Labour cost competitiveness7
Supply base depth3
Logistics & infrastructure3
Workforce skills3
Scalability5
Ease of doing business2
Trade access & tariffs3
Sustainability baseline2
Innovation & IP2
Quality standards2

9 = most attractive · methodology & sources

Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.

Data layers

The EU is Iraq's #4 import source (world lens). Iraq is the EU's #57 goods supplier.

Iraq on the world stage

Iraq$24.6bn total importsChina17.6% · $4.3bnAreas, nes17.5% · $4.3bnIran15.2% · $3.7bnEU-276.9% · $1.7bnUS6.1% · $1.5bnUSA6.1% · $1.5bnOther Asia, nes4.6% · $1.1bnASEAN-63.8% · $946mJapan2.6% · $631m

Total imports

$24.6bn

2023 annual

Total exports

$105.7bn

100 partners

#1 import source

China

17.6%

#1 export dest.

Areas, nes

95.8%

2023 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).

Iraq and the EU

EU imports from

€12.7bn

0.5% of extra-EU

EU exports to

€5.5bn

0.2% of extra-EU

EU supplier rank

EU's #57 supplier

EU trade balance

one-sided

coverage 0.43

2025 annual totals, Eurostat COMEXT. EU trade board →

Electricity & grid

National sources · carbon from Ember

Electricity costs →

Industrial

42

EUR/MWh

Consumer

7

EUR/MWh, all-in

Grid carbon

689

gCO₂e/kWh

Renewables

3%

of generation

regulated market

Power market

Conflict / governance collapse

Market model

State monopoly (Ministry of Electricity)

Direct PPA

None

grid access: closed

Reserve margin

Regulator

Not independent

No independent regulator

Flares 18.2 bcm/year of gas (world number 3) while importing 7.8 bcm from Iran for power generation. Iran cut gas supplies in late 2024 causing shortages. Summer peaks expected to hit 55 GW in 2025 against insufficient…

Power markets: full layer →

Tracked infrastructure

151 gas plants

30.7 GW · 27 building

2 solar farms

700 MW · 3 building

5 hydro plants

2.4 GW · 1 building

Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →

Metal mining

Tagged mines

1

none in the merged layer

Acid-drainage prone

0

high water-risk ore class

Main commodities

Gold

Mine-water verifiability

Blind spot

monitoring capacity degraded

Water risk is inferred from the ore class, not site measurements. Global mines: full layer →

Demographics

UN World Population Prospects 2024 · medium variant

ASEAN demographics →

Median age

20.6

→ 27.8 by 2050

Fertility

3.22

above replacement

Working-age

60%

aged 15–64

Old-age dep.

5.7

→ 11.4 by 2050

Median age 1990–2050

Population 46M · still growing past 2100

By 2050: +56% (71.9M)