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Pricing

2021
Flag → Flag
Exports $5.66kRnk 40 / 0
2021
Flag → Flag
Exports $211Rnk 26 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Republic of the Congo-Iraq Trade: In 2021, Republic of the Congo exported $5.66k 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 57.4%, from $403k in 2016 to $5.66k in 2021.

In 2021, Republic of the Congo did not export any services to Iraq.

Iraq-Republic of the Congo Trade: In 2021, Iraq exported $211 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 decreased at an annualized rate of 44.3%,  from $3.95k in 2016 to $211 in 2021.

In 2021, Iraq did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Republic of the Congo exported $5.66k to Iraq. There were not main exports from Republic of the Congo to Iraq in 2021. During the last 5 years the exports of Republic of the Congo to Iraq have decreased at an annualized rate of 57.4%, from $403k in 2016 to $5.66k in 2021.

In 2016, Iraq exported $211 to Republic of the Congo. There were not main exports from Iraq to Republic of the Congo in 2016. During the last 5 years the exports of Iraq to Republic of the Congo have decreased at an annualized rate of 44.3%, from $3.95k in 2021 to $211 in 2016.

Exports from Republic of the Congo (Flag) to Iraq (Flag) (2021)

Exports from Iraq (Flag) to Republic of the Congo (Flag) (2021)

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 DestinationChina$4.82B
Iraq
Top DestinationIndia$38.8B

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 2022, countries that imported more from Republic of the Congo than Iraq included Vietnam ($537M), Brazil ($398M), and Thailand ($310M).

In 2022, countries that imported more from Iraq than Republic of the Congo included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq (Flag) and Republic of the Congo (Flag) (2022)

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 2021, Republic of the Congo had a large net trade with Iraq in the exports of .

During 2016, 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) (2021)

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