Flag India / Iraq Flag

Exports FlagFlag  (2018): $1.85B, Rnk 39 / 211

Top Product FlagFlag (2018): $759M, Refined Petroleum

Exports FlagFlag (2018): $20.8B, Rnk 1 / 71

Top Product FlagFlag (2018): $20.8B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

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

India-Iraq: In 2018, India exported $1.85B to Iraq. The main products exported from India to Iraq were Refined Petroleum ($759M), Rice ($416M), and Frozen Bovine Meat ($176M). During the last 23 years the exports of India to Iraq have increased at an annualized rate of 41.4%, from $646k in 1995 to $1.85B in 2018.

Iraq-India: In 2018, Iraq exported $20.8B to India. The main products exported from Iraq to India were Crude Petroleum ($20.8B), Tropical Fruits ($64.8M), and Petroleum Gas ($1.77M). During the last 23 years the exports of Iraq to India have increased at an annualized rate of 81.1%, from $24.4k in 1995 to $20.8B in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). 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, India exported $1.85B to Iraq. The main products exported from India to Iraq were Refined Petroleum ($759M), Rice ($416M), and Frozen Bovine Meat ($176M). During the last 23 years the exports of India to Iraq have increased at an annualized rate of 41.4%, from $646k in 1995 to $1.85B in 2018.

In 2018, Iraq exported $20.8B to India. The main products exported from Iraq to India were Crude Petroleum ($20.8B), Tropical Fruits ($64.8M), and Petroleum Gas ($1.77M). During the last 23 years the exports of Iraq to India have increased at an annualized rate of 81.1%, from $24.4k in 1995 to $20.8B in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Iraq
Top Destination
: India, $20.8B

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

In 2018, countries that imported more from India than Iraq were United States ($52B), United Arab Emirates ($27.1B), and Hong Kong ($12.8B).

In 2018, countries that imported more from Iraq than India were Greece ($4.92B), China ($20B), and South Korea ($8.47B).

Comparative Advantage India - Iraq

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Depth

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

During 2018, India had a large net trade with Iraq in the exports of Mineral Products ($766M), Vegetable Products ($464M), and Animal Products ($178M).

During 2018, Iraq had a large net trade with India in the exports of Mineral Products ($20.8B), Vegetable Products ($64.8M), and Animal Hides ($2.43M).

Trade Forecasts

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This section shows a forecast for total trade between India 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 India has comparative advantage over Iraq. Similarly, the more red a dot/product is, the more Iraq has comparative advantage over India.