2023
Flag  
GDP
$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH
-14.7%CURRENT US$
Rnk 186 / 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 
$2,478CURRENT US$
Rnk 149 / 195
2013-2023
Flag
GDP PC GROWTH
-33%CURRENT US$
Rnk 188 / 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

Republic of the Congo-Iraq Trade: In 2022, Republic of the Congo exported $6 to Iraq. The main products that Republic of the Congo exported to Iraq were N/A. Over the past 5 years the exports of Republic of the Congo to Iraq have decreased at an annualized rate of 73%, from $4.2k in 2017 to $6 in 2022.

In 2022, Republic of the Congo did not export any services to Iraq.

Iraq-Republic of the Congo Trade: In 2022, Iraq exported $481k to Republic of the Congo. The main products that Iraq exported to Republic of the Congo were N/A. Over the past 5 years the exports of Iraq to Republic of the Congo have increased at an annualized rate of 98.4%,  from $15.7k in 2017 to $481k in 2022.

In 2022, Iraq did not export any services to Republic of the Congo.

Comparison: In 2023,  Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B). 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 2022, Republic of the Congo exported $6 to Iraq. There were not main exports from Republic of the Congo to Iraq in 2022. During the last 5 years the exports of Republic of the Congo to Iraq have decreased at an annualized rate of 73%, from $4.2k in 2017 to $6 in 2022.

In 2017, Iraq exported $481k to Republic of the Congo. There were not main exports from Iraq to Republic of the Congo in 2017. During the last 5 years the exports of Iraq to Republic of the Congo have increased at an annualized rate of 98.4%, from $15.7k in 2022 to $481k in 2017.

Exports from Republic of the Congo (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Republic of the Congo (Flag) (2022)

Latest Data

Trade between Republic of the Congo (Flag) and Iraq (Flag)

Republic of the Congo Exports

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$5.45B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Republic of the Congo than Iraq included Saudi Arabia ($644M), Portugal ($338M), and Brazil ($230M).

In 2023, countries that imported more from Iraq than Republic of the Congo included China ($35.5B), India ($29.8B), and United States ($8.92B).

Difference in imports from Iraq (Flag) and Republic of the Congo (Flag) (2023)

Comparative Advantage Republic of the Congo - Iraq

Flow
Scale

This chart compares trade between Republic of the Congo and Iraq by product, considering products traded by both, Republic of the Congo and Iraq.

During 2022, Republic of the Congo had a large net trade with Iraq in the exports of .

During 2017, Iraq had a large net trade with Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Iraq+$3.66kRefined Petroleum
Top Product Potential Iraq Republic of the Congo+$3.08kRefined 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

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

Product Space of Republic of the Congo (Flag) and Iraq (Flag) (2022)

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