2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 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

Australia-Iraq Trade: In 2023, Australia exported $343M to Iraq. The main products that Australia exported to Iraq were Wheat ($323M), Sheep and Goat Meat ($7.08M), and Cheese ($5.06M). Over the past 5 years the exports of Australia to Iraq have increased at an annualized rate of 10.9%, from $205M in 2018 to $343M in 2023.

In 2023, Australia did not export any services to Iraq.

Iraq-Australia Trade: In 2023, Iraq exported $337k to Australia. The main products that Iraq exported to Australia were Flavored Water ($98.8k), Baked Goods ($40k), and Rice ($28.3k). Over the past 5 years the exports of Iraq to Australia have increased at an annualized rate of 6.08%,  from $187k in 2018 to $337k in 2023.

In 2023, Iraq did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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, Australia exported $343M to Iraq. The main products exported from Australia to Iraq were Wheat ($323M), Sheep and Goat Meat ($7.08M), and Cheese ($5.06M). During the last 5 years the exports of Australia to Iraq have increased at an annualized rate of 10.9%, from $205M in 2018 to $343M in 2023.

In 2018, Iraq exported $337k to Australia. The main products exported from Iraq to Australia were Flavored Water ($98.8k), Baked Goods ($40k), and Rice ($28.3k). During the last 5 years the exports of Iraq to Australia have increased at an annualized rate of 6.08%, from $187k in 2023 to $337k in 2018.

Exports from Australia (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Iraq (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Australia than Iraq included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Iraq than Australia included India ($29.8B), Greece ($5.68B), and Italy ($4.12B).

Difference in imports from Iraq (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Iraq

Flow
Scale

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

During 2023, Australia had a large net trade with Iraq in the exports of Vegetable Products ($323M), Animal Products ($12.3M), and Chemical Products ($4.58M).

During 2018, Iraq had a large net trade with Australia in the exports of Foodstuffs ($240k), Vegetable Products ($45.2k), and Animal and Vegetable Bi-Products ($20.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Australia (Flag) and Iraq (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with