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Colombia-Iraq Trade: In 2023, Colombia exported $58.1M to Iraq. The main products that Colombia exported to Iraq were N/A. Over the past 5 years the exports of Colombia to Iraq have increased at an annualized rate of 22.3%, from $21.2M in 2018 to $58.1M in 2023.

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

Iraq-Colombia In N/A, Iraq did not export any products to Colombia.

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

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Latest Data

Colombia Exports

Potential Exports

Potential Exports

Depth
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Top Product Potential Colombia Iraq+$1.76MPackaged Medicaments
Top Product Potential Iraq Colombia+$13.1kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Colombia (Flag) and Iraq (Flag) (NaN)

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