Gabon (GAB) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

About

Gabon-Iraq Trade: In 2023, Gabon exported $2.77M to Iraq. The main products that Gabon exported to Iraq were Sawn Wood ($2.77M). Over the past 5 years the exports of Gabon to Iraq have increased at an annualized rate of 4.25%, from $2.25M in 2018 to $2.77M in 2023.

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

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

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $2.77M to Iraq. The main products exported from Gabon to Iraq were Sawn Wood ($2.77M). During the last 5 years the exports of Gabon to Iraq have increased at an annualized rate of 4.25%, from $2.25M in 2018 to $2.77M in 2023.

Iraq does not register exports to Gabon. The main products exported from Iraq to Gabon were Flavored Water ($14.7k) and Beauty Products ($2.64k).

Exports from Gabon () to Iraq () (2023)

Exports from Iraq () to Gabon () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Gabon than Iraq included Indonesia ($875M), Israel ($680M), and Republic of the Congo ($574M).

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

Difference in imports from Iraq () and Gabon () (2023)

Comparative Advantage Gabon - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Iraq in the exports of Wood Products ($2.77M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Iraq+$4.06kRefined Petroleum

Top Product Potential Iraq Gabon+$3.17kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Iraq () (2023)

Exports from Iraq () to Gabon () (2023)

Market Competitiveness

Difference in imports from Iraq () and Gabon () (2023)

Comparative Advantage Gabon - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Iraq () (2023)

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