Denmark (DNK) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Denmark-Iraq Trade: In 2022, Denmark exported $30.8M to Iraq. The main products that Denmark exported to Iraq were Other Edible Preparations ($6.2M), Butter ($5.49M), and Other Paper Machinery ($5M). Over the past 5 years the exports of Denmark to Iraq have increased at an annualized rate of 85%, from $1.42M in 2017 to $30.8M in 2022.

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

Iraq-Denmark Trade: In 2022, Iraq exported $12.8k to Denmark. The main products that Iraq exported to Denmark were Medical Instruments ($28.2k), Computers ($3.33k), and Electric Motor Parts ($2.76k). Over the past 5 years the exports of Iraq to Denmark have increased at an annualized rate of 38.9%, from $2.49k in 2017 to $12.8k in 2022.

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

Comparison: In 2022, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Denmark exported $30.8M to Iraq. The main products exported from Denmark to Iraq were Other Edible Preparations ($6.2M), Butter ($5.49M), and Other Paper Machinery ($5M). During the last 5 years the exports of Denmark to Iraq have increased at an annualized rate of 85%, from $1.42M in 2017 to $30.8M in 2022.

In 2017, Iraq exported $12.8k to Denmark. The main products exported from Iraq to Denmark were Medical Instruments ($28.2k), Computers ($3.33k), and Electric Motor Parts ($2.76k). During the last 19 years the exports of Iraq to Denmark have increased at an annualized rate of 38.9%, from $2.49k in 1998 to $12.8k in 2017.

Exports from Denmark () to Iraq () (2022)

Exports from Iraq () to Denmark () (2022)

Latest Data

Trade between Denmark () and Iraq ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Denmark than Iraq included Germany ($18.9B), Sweden ($11.6B), and Norway ($6.53B).

In 2022, countries that imported more from Iraq than Denmark included India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq () and Denmark () (2022)

Comparative Advantage Denmark - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Iraq in the exports of Machines ($17M), Foodstuffs ($8.93M), and Animal Products ($7.82M).

During 2017, Iraq had a large net trade with Denmark in the exports of Instruments ($28.7k), Machines ($11.6k), and Plastics and Rubbers ($1.48k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Iraq+$2.4MOther Edible Preparations

Top Product Potential Iraq Denmark+$55.6kMedical Instruments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Denmark () to Iraq () (2022)

Exports from Iraq () to Denmark () (2022)

Latest Data

Trade between Denmark () and Iraq ()

Denmark Exports

Market Competitiveness

Difference in imports from Iraq () and Denmark () (2022)

Comparative Advantage Denmark - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Denmark () and Iraq () (2022)

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