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Pricing

2023
Flag → Flag
Exports $5.65BRnk 5 / 100
2023
Flag → Flag
Top Product $4.13BRefined Petroleum
2023
Flag → Flag
Exports $22.6BRnk 4 / 216
2023
Flag → Flag
Top Product $4.02BBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $5,565CURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Iraq-United Arab Emirates Trade: In 2023, Iraq exported $5.65B to United Arab Emirates. The main products that Iraq exported to United Arab Emirates were Refined Petroleum ($4.13B), Gold ($1.18B), and Petroleum Coke ($114M). Over the past 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 79.2%, from $306M in 2018 to $5.65B in 2023.

In 2023, Iraq did not export any services to United Arab Emirates.

United Arab Emirates-Iraq Trade: In 2023, United Arab Emirates exported $22.6B to Iraq. The main products that United Arab Emirates exported to Iraq were Broadcasting Equipment ($4.02B), Refined Petroleum ($3.96B), and Cars ($2.51B). Over the past 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.9%,  from $11.3B in 2018 to $22.6B in 2023.

In 2023, United Arab Emirates did not export any services to Iraq.

Comparison: In 2023,  Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $5.65B to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Refined Petroleum ($4.13B), Gold ($1.18B), and Petroleum Coke ($114M). During the last 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 79.2%, from $306M in 2018 to $5.65B in 2023.

In 2018, United Arab Emirates exported $22.6B to Iraq. The main products exported from United Arab Emirates to Iraq were Broadcasting Equipment ($4.02B), Refined Petroleum ($3.96B), and Cars ($2.51B). During the last 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.9%, from $11.3B in 2023 to $22.6B in 2018.

Exports from Iraq (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Iraq (Flag) (2023)

Latest Data

Trade between Iraq (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Iraq
Top DestinationChina$35.5B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Iraq than United Arab Emirates included Greece ($5.68B), Netherlands ($5.26B), and United States ($8.92B).

In 2023, countries that imported more from United Arab Emirates than Iraq included Japan ($37.4B), Thailand ($15.8B), and Saudi Arabia ($15.2B).

Difference in imports from United Arab Emirates (Flag) and Iraq (Flag) (2023)

Comparative Advantage Iraq - United Arab Emirates

Flow
Scale

This chart compares trade between Iraq and United Arab Emirates by product, considering products traded by both, Iraq and United Arab Emirates.

During 2023, Iraq had a large net trade with United Arab Emirates in the exports of Mineral Products ($4.39B), Precious Metals ($1.18B), and Vegetable Products ($26.5M).

During 2018, United Arab Emirates had a large net trade with Iraq in the exports of Machines ($7.12B), Mineral Products ($4.1B), and Transportation ($3.31B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq United Arab Emirates+$101MCrude Petroleum
Top Product Potential United Arab Emirates Iraq+$4.62MOther Furniture

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

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

Product Space of Iraq (Flag) and United Arab Emirates (Flag) (2023)

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