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2022
Flag → Flag
Exports $250MRnk 6 / 129
2022
Flag → Flag
Top Product $221MRolled Tobacco
2022
Flag → Flag
Exports $330kRnk 55 / 101
2022
Flag → Flag
Top Product $162kPetroleum Gas
2022
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Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
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Economic Complexity (ECI) ECI -0.99Rnk 104 / 124
2022
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GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
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GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
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GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
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GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Armenia-Iraq In 2022, Armenia exported $250M to Iraq. The main products that Armenia exported to Iraq are Rolled Tobacco ($221M), Processed Tobacco ($17.4M), and Bovine ($9.87M). During the last 23 years the exports of Armenia to Iraq have increased at an annualized rate of 69.9%, from $1.27k in 1999 to $250M in 2022.

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

Iraq-Armenia In 2022, Iraq exported $330k to Armenia. The main products that Iraq exported to Armenia were Petroleum Gas ($162k), Petroleum Coke ($134k), and Metal Stoppers ($24.9k). During the last 23 years the exports of Iraq to Armenia have increased at an annualized rate of 8.06%, from $55.6k in 1999 to $330k in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $250M to Iraq. The main products exported from Armenia to Iraq were Rolled Tobacco ($221M), Processed Tobacco ($17.4M), and Bovine ($9.87M). During the last 23 years the exports of Armenia to Iraq have increased at an annualized rate of 69.9%, from $1.27k in 1999 to $250M in 2022.

In 2022, Iraq exported $330k to Armenia. The main products exported from Iraq to Armenia were Petroleum Gas ($162k), Petroleum Coke ($134k), and Metal Stoppers ($24.9k). During the last 21 years the exports of Iraq to Armenia have increased at an annualized rate of 8.06%, from $55.6k in 2001 to $330k in 2022.

Exports from Armenia (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Iraq (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Iraq
Top DestinationIndia$38.8B

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

In 2021, countries that imported more from Armenia than Iraq were Russia ($2.36B), Switzerland ($257M), and Georgia ($260M).

In 2021, countries that imported more from Iraq than Armenia were India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Iraq

Flow
Scale

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

During 2022, Armenia had a large net trade with Iraq in the exports of Foodstuffs ($239M), Animal Products ($10.1M), and Textiles ($176k).

During 2022, Iraq had a large net trade with Armenia in the exports of Mineral Products ($296k), Metals ($24.9k), and Stone And Glass ($8.66k).

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Iraq (Flag) (2022)

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