India (IND) and Iraq (IRQ) Trade | OEC - The Observatory of Economic Complexity

About

India-Iraq In 2021, India exported $2.03B to Iraq. The main products that India exported to Iraq are Rice ($522M), Refined Petroleum ($511M), and Frozen Bovine Meat ($205M). During the last 26 years the exports of India to Iraq have increased at an annualized rate of 36.3%, from $646k in 1995 to $2.03B in 2021.

In 2021, India did not export any services to Iraq.

Iraq-India In 2021, Iraq exported $23.5B to India. The main products that Iraq exported to India were Crude Petroleum ($22.1B), Refined Petroleum ($1.23B), and Tropical Fruits ($85.7M). During the last 26 years the exports of Iraq to India have increased at an annualized rate of 70%, from $23.8k in 1995 to $23.5B in 2021.

In 2021, Iraq did not export any services to India.

Comparison In 2021, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Iraq ranked 112 in the Economic Complexity Index (ECI -1.12), and 45 in total exports ($81.1B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, India exported $2.03B to Iraq. The main products exported from India to Iraq were Rice ($522M), Refined Petroleum ($511M), and Frozen Bovine Meat ($205M). During the last 26 years the exports of India to Iraq have increased at an annualized rate of 36.3%, from $646k in 1995 to $2.03B in 2021.

In 2021, Iraq exported $23.5B to India. The main products exported from Iraq to India were Crude Petroleum ($22.1B), Refined Petroleum ($1.23B), and Tropical Fruits ($85.7M). During the last 26 years the exports of Iraq to India have increased at an annualized rate of 70%, from $23.8k in 1995 to $23.5B in 2021.

Latest Data

India Exports

Date

Market Competitiveness

Color

SectionYear

India
Top Destination: United States, $71.2B

Iraq
Top Destination: India, $23.5B

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 2021, countries that imported more from India than Iraq were United States ($71.2B), United Arab Emirates ($25.4B), and Bangladesh ($14.1B).

In 2021, countries that imported more from Iraq than India were Greece ($8.7B), Serbia ($755M), and China ($23.3B).

Comparative Advantage India - Iraq

Flow

Scale

Year

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

During 2021, India had a large net trade with Iraq in the exports of Vegetable Products ($595M), Mineral Products ($512M), and Animal Products ($208M).

During 2021, Iraq had a large net trade with India in the exports of Mineral Products ($23.4B), Vegetable Products ($85.8M), and Transportation ($18M).

Economic Complexity

Competitive Landscape

Year

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 India has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over India.

About

Historical Data

Bilateral Trade by Products

Latest Data

India Exports

Market Competitiveness

Comparative Advantage India - Iraq

Economic Complexity

Competitive Landscape

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