Iraq (IRQ) and China (CHN) Trade | The Observatory of Economic Complexity

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Iraq-China Trade: In 2022, Iraq exported $34B to China. The main products that Iraq exported to China were Crude Petroleum ($33.8B), Refined Petroleum ($173M), and Petroleum Coke ($46.6M). Over the past 5 years the exports of Iraq to China have increased at an annualized rate of 22.6%, from $12.3B in 2017 to $34B in 2022.

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

China-Iraq Trade: In 2022, China exported $14B to Iraq. The main products that China exported to Iraq were Air Conditioners ($711M), Rubber Tires ($425M), and Light Fixtures ($419M). Over the past 5 years the exports of China to Iraq have increased at an annualized rate of 10.9%, from $8.33B in 2017 to $14B in 2022.

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

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $34B to China. The main products exported from Iraq to China were Crude Petroleum ($33.8B), Refined Petroleum ($173M), and Petroleum Coke ($46.6M). During the last 5 years the exports of Iraq to China have increased at an annualized rate of 22.6%, from $12.3B in 2017 to $34B in 2022.

In 2017, China exported $14B to Iraq. The main products exported from China to Iraq were Air Conditioners ($711M), Rubber Tires ($425M), and Light Fixtures ($419M). During the last 5 years the exports of China to Iraq have increased at an annualized rate of 10.9%, from $8.33B in 2022 to $14B in 2017.

Exports from Iraq () to China () (2022)

Exports from China () to Iraq () (2022)

Latest Data

Trade between Iraq () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Iraq - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with China in the exports of Mineral Products ($34B), Chemical Products ($832k), and Vegetable Products ($127k).

During 2017, China had a large net trade with Iraq in the exports of Machines ($4.01B), Metals ($1.94B), and Textiles ($1.86B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq China+$2.35BCrude Petroleum

Top Product Potential China Iraq+$309MTelephones

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 Iraq and China. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Iraq.

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to China () (2022)

Exports from China () to Iraq () (2022)

Latest Data

Trade between Iraq () and China ()

China Exports

Market Competitiveness

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

Comparative Advantage Iraq - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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