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2023
Flag → Flag
Exports $22.6BRnk 4 / 216
2023
Flag → Flag
Top Product $4.02BBroadcasting Equipment
2023
Flag → Flag
Exports $5.65BRnk 5 / 100
2023
Flag → Flag
Top Product $4.13BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195

About

United Arab Emirates-Iraq Trade: In 2023, United Arab Emirates exported $22.6B to Iraq. The main products that United Arab Emirates exported to Iraq were Broadcasting Equipment ($4.02B), Refined Petroleum ($3.96B), and Cars ($2.51B). Over the past 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.9%, from $11.3B in 2018 to $22.6B in 2023.

In 2023, United Arab Emirates did not export any services to Iraq.

Iraq-United Arab Emirates Trade: In 2023, Iraq exported $5.65B to United Arab Emirates. The main products that Iraq exported to United Arab Emirates were Refined Petroleum ($4.13B), Gold ($1.18B), and Petroleum Coke ($114M). Over the past 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 79.2%,  from $306M in 2018 to $5.65B in 2023.

In 2023, Iraq did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $22.6B to Iraq. The main products exported from United Arab Emirates to Iraq were Broadcasting Equipment ($4.02B), Refined Petroleum ($3.96B), and Cars ($2.51B). During the last 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.9%, from $11.3B in 2018 to $22.6B in 2023.

In 2018, Iraq exported $5.65B to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Refined Petroleum ($4.13B), Gold ($1.18B), and Petroleum Coke ($114M). During the last 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 79.2%, from $306M in 2023 to $5.65B in 2018.

Exports from United Arab Emirates (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

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

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Iraq
Top DestinationChina$35.5B

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 2023, countries that imported more from United Arab Emirates than Iraq included Japan ($37.4B), Thailand ($15.8B), and Saudi Arabia ($15.2B).

In 2023, countries that imported more from Iraq than United Arab Emirates included Greece ($5.68B), Netherlands ($5.26B), and United States ($8.92B).

Difference in imports from Iraq (Flag) and United Arab Emirates (Flag) (2023)

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 2023, United Arab Emirates had a large net trade with Iraq in the exports of Machines ($7.12B), Mineral Products ($4.1B), and Transportation ($3.31B).

During 2018, Iraq had a large net trade with United Arab Emirates in the exports of Mineral Products ($4.39B), Precious Metals ($1.18B), and Vegetable Products ($26.5M).

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) (2023)

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