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Pricing

2022
Flag → Flag
Exports $1.15BRnk 72 / 223
2022
Flag → Flag
Top Product $119MCars
2022
Flag → Flag
Exports $2.01BRnk 10 / 101
2022
Flag → Flag
Top Product $2BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI -0.99Rnk 104 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
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GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Germany-Iraq In 2022, Germany exported $1.15B to Iraq. The main products that Germany exported to Iraq are Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). During the last 27 years the exports of Germany to Iraq have increased at an annualized rate of 20.5%, from $7.51M in 1995 to $1.15B in 2022.

In 2022, Germany did not export any services to Iraq.

Iraq-Germany In 2022, Iraq exported $2.01B to Germany. The main products that Iraq exported to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). During the last 27 years the exports of Iraq to Germany have increased at an annualized rate of 41.9%, from $159k in 1995 to $2.01B in 2022.

In 2022, Iraq did not export any services to Germany.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €90.2M and imported €13.6M from Iraq, resulting in a positive trade balance of €76.6M. Between January 2023 and January 2024 the exports of Germany have increased by €13.5M (17.5%) from €76.8M to €90.2M, while imports decreased by €-6.65M (-32.8%) from €20.3M to €13.6M.

Trade In January 2024, the top exports of Germany to Iraq were Pumps and compressors (€9.18M), Motor cars and motor caravans (€6.21M), Machinery for electricity production, distribution (€5.69M), Other machinery (€5.16M), and Other articles of iron, iron sheet,... (€4.96M). In January 2024 the top imports of Germany from Iraq were Petroleum oil and petroleum gases (€20M), Returned goods (€180k), Measuring and automatical control instruments (€24k), Bakery products and other cereal preperations (€17k), and Office and automatic data processing machines (€8k).

Origins In January 2024 the exports of Germany were mainly from Bavaria (€16.3M), Lower Saxony (€9.58M), North Rhine-Westphalia (€9.51M), Baden-Württemberg (€7.11M), and Hesse (€6.77M), while imports destinations were mainly North Rhine-Westphalia (€13.2M), Brandenburg (€135k), Schleswig-Holstein (€99k), Bavaria (€69k), and Hesse (€45k).

Growth In January 2024, the increase in Germany's year-by-year exports to Iraq was explained primarily by an increase in product exports in Taps, cocks and valves (€3.67M or 554%), Motor cars and motor caravans (€3.24M or 109%), and Machinery for electricity production, distribution (€2.66M or 87.9%). In January 2024, the decrease in Germany's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in Petroleum oil and petroleum gases (€-30.1M or -60.1%), Other end products (€-71k or -98.6%), and Spices (€-7k or -100%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€13.5M(17.5%)
IMPORT GROWTH (January 2023 - January 2024)€-6.65M(-32.8%)
MAIN EXPORTER (January 2024)Bavaria€16.3M

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $1.15B to Iraq. The main products exported from Germany to Iraq were Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). During the last 27 years the exports of Germany to Iraq have increased at an annualized rate of 20.5%, from $7.51M in 1995 to $1.15B in 2022.

In 2022, Iraq exported $2.01B to Germany. The main products exported from Iraq to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). During the last 27 years the exports of Iraq to Germany have increased at an annualized rate of 41.9%, from $159k in 1995 to $2.01B in 2022.

Exports from Germany (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Iraq
Top DestinationIndia$38.8B

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

In 2021, countries that imported more from Germany than Iraq were United States ($153B), France ($120B), and Netherlands ($109B).

In 2021, countries that imported more from Iraq than Germany were India ($38.8B) and Brunei ($174M).

Difference in imports from Iraq (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Iraq

Flow
Scale

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

During 2022, Germany had a large net trade with Iraq in the exports of Machines ($484M), Transportation ($158M), and Chemical Products ($152M).

During 2022, Iraq had a large net trade with Germany in the exports of Mineral Products ($2B), Foodstuffs ($1.38M), and Vegetable Products ($552k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over Germany.

Product Space of Germany (Flag) and Iraq (Flag) (2022)

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