Iraq (IRQ) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Iraq-Angola Trade: In 2022, Iraq exported $34.2k to Angola. The main products that Iraq exported to Angola were Tropical Fruits ($15k), Other Rubber Products ($3.68k), and Light Fixtures ($3.25k). Over the past 5 years the exports of Iraq to Angola have increased at an annualized rate of 56.9%, from $3.6k in 2017 to $34.2k in 2022.

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

Angola-Iraq Trade: In 2022, Angola exported $2.41k to Iraq. The main products that Angola exported to Iraq were Surveying Equipment ($2.41k). Over the past 5 years the exports of Angola to Iraq have decreased at an annualized rate of 43.4%, from $41.3k in 2017 to $2.41k in 2022.

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

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $34.2k to Angola. The main products exported from Iraq to Angola were Tropical Fruits ($15k), Other Rubber Products ($3.68k), and Light Fixtures ($3.25k). During the last 5 years the exports of Iraq to Angola have increased at an annualized rate of 56.9%, from $3.6k in 2017 to $34.2k in 2022.

In 2017, Angola exported $2.41k to Iraq. The main products exported from Angola to Iraq were Surveying Equipment ($2.41k). During the last 5 years the exports of Angola to Iraq have decreased at an annualized rate of 43.4%, from $41.3k in 2022 to $2.41k in 2017.

Exports from Iraq () to Angola () (2022)

Exports from Angola () to Iraq () (2022)

Latest Data

Trade between Iraq () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Iraq than Angola included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Angola than Iraq included France ($3.8B), United Kingdom ($1.41B), and Belgium ($1.26B).

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

Comparative Advantage Iraq - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Angola in the exports of Vegetable Products ($15k), Plastics and Rubbers ($5.4k), and Machines ($5.03k).

During 2017, Angola had a large net trade with Iraq in the exports of Instruments ($2.41k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Angola+$6.64kRefined Petroleum

Top Product Potential Angola Iraq+$5.71kRefined 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 Iraq and Angola. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Iraq.

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Angola () (2022)

Exports from Angola () to Iraq () (2022)

Latest Data

Trade between Iraq () and Angola ()

Angola Exports

Market Competitiveness

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

Comparative Advantage Iraq - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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