Argentina (ARG) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Argentina-Iraq Trade: In 2022, Argentina exported $276M to Iraq. The main products that Argentina exported to Iraq were Soybean Meal ($161M), Soybean Oil ($87.8M), and Corn ($22.2M). Over the past 5 years the exports of Argentina to Iraq have increased at an annualized rate of 7.22%, from $195M in 2017 to $276M in 2022.

In 2022, Argentina did not export any services to Iraq.

Iraq-Argentina Trade: In 2022, Iraq exported $440k to Argentina. The main products that Iraq exported to Argentina were Stearic Acid ($394k), Plastic Housewares ($45.7k), and Liquid Pumps ($673). Over the past 5 years the exports of Iraq to Argentina have increased at an annualized rate of 161%, from $3.63k in 2017 to $440k in 2022.

In 2022, Iraq did not export any services to Argentina.

Comparison: In 2022, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Argentina exported $276M to Iraq. The main products exported from Argentina to Iraq were Soybean Meal ($161M), Soybean Oil ($87.8M), and Corn ($22.2M). During the last 5 years the exports of Argentina to Iraq have increased at an annualized rate of 7.22%, from $195M in 2017 to $276M in 2022.

In 2017, Iraq exported $440k to Argentina. The main products exported from Iraq to Argentina were Stearic Acid ($394k), Plastic Housewares ($45.7k), and Liquid Pumps ($673). During the last 5 years the exports of Iraq to Argentina have increased at an annualized rate of 161%, from $3.63k in 2022 to $440k in 2017.

Exports from Argentina () to Iraq () (2022)

Exports from Iraq () to Argentina () (2022)

Latest Data

Trade between Argentina () and Iraq ()

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.6B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Argentina than Iraq included Brazil ($12.6B), Chile ($5.11B), and Vietnam ($3.25B).

In 2022, countries that imported more from Iraq than Argentina included India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq () and Argentina () (2022)

Comparative Advantage Argentina - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Argentina and Iraq by product, considering products traded by both, Argentina and Iraq.

During 2022, Argentina had a large net trade with Iraq in the exports of Foodstuffs ($162M), Animal and Vegetable Bi-Products ($87.8M), and Vegetable Products ($23.1M).

During 2017, Iraq had a large net trade with Argentina in the exports of Animal and Vegetable Bi-Products ($394k), Plastics and Rubbers ($45.7k), and Machines ($1.18k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Iraq+$6.3kRefined Petroleum

Top Product Potential Iraq Argentina+$8.69kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Iraq () (2022)

Exports from Iraq () to Argentina () (2022)

Latest Data

Trade between Argentina () and Iraq ()

Argentina Exports

Market Competitiveness

Difference in imports from Iraq () and Argentina () (2022)

Comparative Advantage Argentina - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and Iraq () (2022)

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