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2022
Flag → Flag
Exports $21.2BRnk 5 / 219
2022
Flag → Flag
Top Product $5.29BRefined Petroleum
2022
Flag → Flag
Exports $3.27BRnk 8 / 101
2022
Flag → Flag
Top Product $2.26BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

United Arab Emirates-Iraq Trade: In 2022, United Arab Emirates exported $21.2B to Iraq. The main products that United Arab Emirates exported to Iraq were Refined Petroleum ($5.29B), Broadcasting Equipment ($3.52B), and Cars ($1.85B). Over the past 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.7%, from $10.7B in 2017 to $21.2B in 2022.

In 2022, United Arab Emirates did not export any services to Iraq.

Iraq-United Arab Emirates Trade: In 2022, Iraq exported $3.27B to United Arab Emirates. The main products that Iraq exported to United Arab Emirates were Refined Petroleum ($2.26B), Gold ($701M), and Petroleum Coke ($148M). Over the past 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 36.4%,  from $693M in 2017 to $3.27B in 2022.

In 2022, Iraq did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $21.2B to Iraq. The main products exported from United Arab Emirates to Iraq were Refined Petroleum ($5.29B), Broadcasting Equipment ($3.52B), and Cars ($1.85B). During the last 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.7%, from $10.7B in 2017 to $21.2B in 2022.

In 2017, Iraq exported $3.27B to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Refined Petroleum ($2.26B), Gold ($701M), and Petroleum Coke ($148M). During the last 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 36.4%, from $693M in 2022 to $3.27B in 2017.

Exports from United Arab Emirates (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Iraq (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Iraq
Top DestinationIndia$38.8B

This map shows whether countries import more from United Arab Emirates or Iraq. Each country is colored based on the difference in imports they receive from United Arab Emirates and Iraq or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Iraq included Japan ($40.9B), Saudi Arabia ($27.8B), and Thailand ($16.3B).

In 2022, countries that imported more from Iraq than United Arab Emirates included Greece ($6.27B), United States ($10.3B), and Italy ($4.67B).

Difference in imports from Iraq (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Iraq

Flow
Scale

This chart compares trade between United Arab Emirates and Iraq by product, considering products traded by both, United Arab Emirates and Iraq.

During 2022, United Arab Emirates had a large net trade with Iraq in the exports of Machines ($6.51B), Mineral Products ($5.36B), and Transportation ($2.59B).

During 2017, Iraq had a large net trade with United Arab Emirates in the exports of Mineral Products ($2.51B), Precious Metals ($707M), and Metals ($16.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Iraq+$4.62MOther Furniture
Top Product Potential Iraq United Arab Emirates+$101MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Iraq. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Iraq (Flag) (2022)

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