Names: conventional long form: Republic of Iraq conventional short form: Iraq local long form: Al Jumhuriyah al Iraqiyah local short form: Al Iraq

Capital City: Baghdad

Population: 26,783,383 (July 2006 est.)

GDP Per Capita: $1,900 (2006 est.)

Currency: New Iraqi dinar (NID) as of 22 January 2004

Languages: Arabic, Kurdish (official in Kurdish regions), Assyrian, Armenian

Total Area: total: 437,072 sq km land: 432,162 sq km water: 4,910 sq km slightly more than twice the size of Idaho

Region: Asia

Industries: petroleum, chemicals, textiles, leather, construction materials, food processing, fertilizer, metal fabrication/processing

Agriculture: wheat, barley, rice, vegetables, dates, cotton; cattle, sheep, poultry

Resources: petroleum, natural gas, phosphates, sulfur

Labor Force: 7.4 million (2004 est.)
agriculture: NA% industry: NA% services: NA%

Exports: $32.19 billion f.o.b. (2006 est.)
crude oil 84%, crude materials excluding fuels 8%, food and live animals 5%

Imports: $20.76 billion f.o.b. (2006 est.)
food, medicine, manufactures

Overview: Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings. Iraq's seizure of Kuwait in August 1990, subsequent international economic sanctions, and damage from military action by an international coalition beginning in January 1991 drastically reduced economic activity. Although government policies supporting large military and internal security forces and allocating resources to key supporters of the regime hurt the economy, implementation of the UN's oil-for-food program, which began in December 1996, helped improve conditions for the average Iraqi citizen. Iraq was allowed to export limited amounts of oil in exchange for food, medicine, and some infrastructure spare parts. In December 1999, the UN Security Council authorized Iraq to export under the program as much oil as required to meet humanitarian needs. The military victory of the US-led coalition in March-April 2003 resulted in the shutdown of much of the central economic administrative structure. Although a comparatively small amount of capital plant was damaged during the hostilities, looting, insurgent attacks, and sabotage have undermined efforts to rebuild the economy. Attacks on key economic facilities - especially oil pipelines and infrastructure - have prevented Iraq from reaching projected export volumes, but total government revenues have been higher than anticipated due to high oil prices. Despite political uncertainty, Iraq is making some progress in building the institutions needed to implement economic policy and has concluded a debt reduction agreement with the Paris Club and a Standby Arrangement with the IMF. Iraq's economic prospects will depend on the government's ability to control inflation, to implement structural reforms such as bank restructuring, and to develop the private sector.

_{CIA World Book}

In 2007 Missouri exported $4,959,085 in goods to Iraq. This ranks Iraq 97^th among the 223 international buyers of Missouri goods. Missouri exports to Iraq decreased from the previous year by $188,291 a change of -3.66%. State exports to Iraq have increased over the last 5 years by 4,959,085 a change of NA. Missouri exports account for .04%. of all 2007 US exports to Iraq.