2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
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 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Iraq-Azerbaijan In 2022, Iraq exported $451k to Azerbaijan. The main products that Iraq exported to Azerbaijan are Refined Petroleum ($416k), Scrap Iron ($23.6k), and Scrap Plastic ($7.85k). During the last 20 years the exports of Iraq to Azerbaijan have increased at an annualized rate of 7.42%, from $108k in 2002 to $451k in 2022.

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

Azerbaijan-Iraq In 2022, Azerbaijan exported $28.8M to Iraq. The main products that Azerbaijan exported to Iraq were Bran ($7.83M), Other Vegetable Oils ($5.57M), and Seed Oils ($5.36M). During the last 20 years the exports of Azerbaijan to Iraq have increased at an annualized rate of 36.2%, from $59.7k in 2002 to $28.8M in 2022.

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

Comparison In 2022,  Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $451k to Azerbaijan. The main products exported from Iraq to Azerbaijan were Refined Petroleum ($416k), Scrap Iron ($23.6k), and Scrap Plastic ($7.85k). During the last 20 years the exports of Iraq to Azerbaijan have increased at an annualized rate of 7.42%, from $108k in 2002 to $451k in 2022.

In 2022, Azerbaijan exported $28.8M to Iraq. The main products exported from Azerbaijan to Iraq were Bran ($7.83M), Other Vegetable Oils ($5.57M), and Seed Oils ($5.36M). During the last 26 years the exports of Azerbaijan to Iraq have increased at an annualized rate of 36.2%, from $59.7k in 1996 to $28.8M in 2022.

Exports from Iraq (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Iraq (Flag) (2022)

Latest Data

Trade between Iraq (Flag) and Azerbaijan (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2021, countries that imported more from Iraq than Azerbaijan were India ($38.8B), China ($34B), and United States ($10.3B).

In 2021, countries that imported more from Azerbaijan than Iraq were Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan (Flag) and Iraq (Flag) (2022)

Comparative Advantage Iraq - Azerbaijan

Flow
Scale

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

During 2022, Iraq had a large net trade with Azerbaijan in the exports of Mineral Products ($416k), Metals ($23.6k), and Plastics and Rubbers ($7.85k).

During 2022, Azerbaijan had a large net trade with Iraq in the exports of Animal and Vegetable Bi-Products ($11M), Foodstuffs ($9.28M), and Vegetable Products ($3.74M).

Economic Complexity

Competitive Landscape

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

Product Space of Iraq (Flag) and Azerbaijan (Flag) (2022)

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