Flag United Arab Emirates / Iraq Flag

Exports FlagFlag  (2018): $11.3B, Rnk 6 / 206

Top Product FlagFlag (2018): $3.52B, Broadcasting Equipment

Exports FlagFlag (2018): $297M, Rnk 21 / 71

Top Product FlagFlag (2018): $131M, Gold

Economic Complexity of Flag (2018): ECI 0.26, Rnk 55 / 137

Economic Complexity of Flag (2018): ECI -0.91, Rnk 109 / 137

United Arab Emirates-Iraq: In 2018, United Arab Emirates exported $11.3B to Iraq. The main products exported from United Arab Emirates to Iraq were Broadcasting Equipment ($3.52B), Rolled Tobacco ($1.39B), and Jewellery ($1.14B). During the last 13 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 13.6%, from $2.16B in 2005 to $11.3B in 2018.

Iraq-United Arab Emirates: In 2018, Iraq exported $297M to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Gold ($131M), Refined Petroleum ($116M), and Tropical Fruits ($28.5M). During the last 13 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 22.1%, from $22.1M in 2005 to $297M in 2018.

Comparison: In 2018, United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.26), and 26 in total exports ($242B). That same year, Iraq ranked 109 in the Economic Complexity Index (ECI -0.91), and 40 in total exports ($87.4B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, United Arab Emirates exported $11.3B to Iraq. The main products exported from United Arab Emirates to Iraq were Broadcasting Equipment ($3.52B), Rolled Tobacco ($1.39B), and Jewellery ($1.14B). During the last 13 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 13.6%, from $2.16B in 2005 to $11.3B in 2018.

In 2018, Iraq exported $297M to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Gold ($131M), Refined Petroleum ($116M), and Tropical Fruits ($28.5M). During the last 13 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 22.1%, from $22.1M in 2005 to $297M in 2018.

Market Competitiveness

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Measure

United Arab Emirates
Top Destination
: India, $23.8B

Iraq
Top Destination
: India, $20.8B

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 2018, countries that imported more from United Arab Emirates than Iraq were Japan ($21.7B), Saudi Arabia ($17.2B), and Oman ($11.7B).

In 2018, countries that imported more from Iraq than United Arab Emirates were United States ($10.6B), Greece ($4.92B), and Italy ($4.11B).

Comparative Advantage United Arab Emirates - Iraq

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Depth

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

During 2018, United Arab Emirates had a large net trade with Iraq in the exports of Machines ($5.37B), Foodstuffs ($1.57B), and Precious Metals ($1.3B).

During 2018, Iraq had a large net trade with United Arab Emirates in the exports of Precious Metals ($134M), Mineral Products ($128M), and Vegetable Products ($29.3M).

Trade Forecasts

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This section shows a forecast for total trade between United Arab Emirates and Iraq. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United Arab Emirates has comparative advantage over Iraq. Similarly, the more red a dot/product is, the more Iraq has comparative advantage over United Arab Emirates.