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2023
Flag → Flag
Exports $1.29BRnk 46 / 221
2023
Flag → Flag
Top Product $477MRaw Sugar
2023
Flag → Flag
Exports $2.53MRnk 44 / 100
2023
Flag → Flag
Top Product $1.94MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 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

Brazil-Iraq Trade: In 2023, Brazil exported $1.29B to Iraq. The main products that Brazil exported to Iraq were Raw Sugar ($477M), Soybeans ($350M), and Poultry Meat ($299M). Over the past 5 years the exports of Brazil to Iraq have increased at an annualized rate of 16.9%, from $589M in 2018 to $1.29B in 2023.

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

Iraq-Brazil Trade: In 2023, Iraq exported $2.53M to Brazil. The main products that Iraq exported to Brazil were Refined Petroleum ($1.94M), Asphalt Mixtures ($295k), and Petroleum Coke ($294k). Over the past 5 years the exports of Iraq to Brazil have decreased at an annualized rate of 62.4%,  from $339M in 2018 to $2.53M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $224M and imported $52k from Iraq, resulting in a positive trade balance of $224M. Between December 2023 and December 2024 the exports of Brazil have increased by $134M (148%) from $90.5M to $224M, while imports decreased by $-158k (-75.3%) from $210k to $52k.

Trade In December 2024, the top exports of Brazil to Iraq were Raw Sugar ($117M), Poultry Meat ($28M), Bovine ($9.14M), Iron Pipes ($1.72M), and Frozen Bovine Meat ($1.62M). In December 2024 the top imports of Brazil from Iraq were Refined Petroleum ($75.6k).

Origins In December 2024 the exports of Brazil were mainly from Rio Grande do Sul ($53.4M), São Paulo ($41.4M), Paraná ($37.3M), Pará ($24.3M), and Minas Gerais ($15.2M), while imports destinations were mainly N/A.

Growth In December 2024, the increase in Brazil's year-by-year exports to Iraq was explained primarily by an increase in product exports in Raw Sugar ($115M or 5.21k%), Iron Pipes ($1.6M or 1.34k%), and Frozen Bovine Meat ($881k or 120%). In October 2024, the decrease in Brazil's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$134M(148%)
IMPORT GROWTH (October 2023 - October 2024)$-158k(-75.3%)
MAIN EXPORTER (December 2024)Rio Grande do Sul$53.4M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Iraq and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $1.29B to Iraq. The main products exported from Brazil to Iraq were Raw Sugar ($477M), Soybeans ($350M), and Poultry Meat ($299M). During the last 5 years the exports of Brazil to Iraq have increased at an annualized rate of 16.9%, from $589M in 2018 to $1.29B in 2023.

In 2018, Iraq exported $2.53M to Brazil. The main products exported from Iraq to Brazil were Refined Petroleum ($1.94M), Asphalt Mixtures ($295k), and Petroleum Coke ($294k). During the last 5 years the exports of Iraq to Brazil have decreased at an annualized rate of 62.4%, from $339M in 2023 to $2.53M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Brazil than Iraq included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Iraq than Brazil included India ($29.8B), Greece ($5.68B), and United Arab Emirates ($5.65B).

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

Comparative Advantage Brazil - Iraq

Flow
Scale

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

During 2023, Brazil had a large net trade with Iraq in the exports of Foodstuffs ($506M), Vegetable Products ($387M), and Animal Products ($368M).

During 2018, Iraq had a large net trade with Brazil in the exports of Mineral Products ($2.53M), Metals ($27), and Stone And Glass ($17).

Economic Complexity

Competitive Landscape

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

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

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