Flag Greece / Iraq Flag

Exports FlagFlag  (2018): $49.2M, Rnk 69 / 206

Top Product FlagFlag (2018): $21.9M, Packaged Medicaments

Exports FlagFlag (2018): $4.92B, Rnk 5 / 71

Top Product FlagFlag (2018): $4.92B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 0.31, Rnk 52 / 137

Economic Complexity of Flag (2018): ECI -0.91, Rnk 109 / 137

Greece-Iraq: In 2018, Greece exported $49.2M to Iraq. The main products exported from Greece to Iraq were Packaged Medicaments ($21.9M), Hard Liquor ($9.76M), and Iron Structures ($1.47M). During the last 23 years the exports of Greece to Iraq have increased at an annualized rate of 28.7%, from $148k in 1995 to $49.2M in 2018.

Iraq-Greece: In 2018, Iraq exported $4.92B to Greece. The main products exported from Iraq to Greece were Crude Petroleum ($4.92B) and Other Processed Fruits and Nuts ($14.1k). During the last 23 years the exports of Iraq to Greece have increased at an annualized rate of 86%, from $3.12k in 1995 to $4.92B in 2018.

Comparison: In 2018, Greece ranked 52 in the Economic Complexity Index (ECI 0.31), and 59 in total exports ($38.7B). That same year, Iraq ranked 109 in the Economic Complexity Index (ECI -0.91), and 40 in total exports ($87.4B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Greece exported $49.2M to Iraq. The main products exported from Greece to Iraq were Packaged Medicaments ($21.9M), Hard Liquor ($9.76M), and Iron Structures ($1.47M). During the last 23 years the exports of Greece to Iraq have increased at an annualized rate of 28.7%, from $148k in 1995 to $49.2M in 2018.

In 2018, Iraq exported $4.92B to Greece. The main products exported from Iraq to Greece were Crude Petroleum ($4.92B) and Other Processed Fruits and Nuts ($14.1k). During the last 23 years the exports of Iraq to Greece have increased at an annualized rate of 86%, from $3.12k in 1995 to $4.92B in 2018.

Market Competitiveness

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Measure

Greece
Top Destination
: Italy, $3.83B

Iraq
Top Destination
: India, $20.8B

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

In 2018, countries that imported more from Greece than Iraq were Cyprus ($2.01B), Lebanon ($1.73B), and Bulgaria ($1.61B).

In 2018, countries that imported more from Iraq than Greece were India ($20.8B), China ($20B), and United States ($10.6B).

Comparative Advantage Greece - Iraq

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Depth

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

During 2018, Greece had a large net trade with Iraq in the exports of Chemical Products ($24.6M), Foodstuffs ($12M), and Machines ($4.46M).

During 2018, Iraq had a large net trade with Greece in the exports of Mineral Products ($4.92B) and Foodstuffs ($14.1k).

Trade Forecasts

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This section shows a forecast for total trade between Greece and Iraq. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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