Iraq (IRQ) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Iraq-Bangladesh Trade: In 2015, Iraq exported $101k to Bangladesh. The main products that Iraq exported to Bangladesh were N/A. Over the past 6 years the exports of Iraq to Bangladesh have decreased at an annualized rate of 38.4%, from $1.85M in 2009 to $101k in 2015.

In 2015, Iraq did not export any services to Bangladesh.

Bangladesh-Iraq Trade: In 2015, Bangladesh exported $1.05M to Iraq. The main products that Bangladesh exported to Iraq were N/A. Over the past 6 years the exports of Bangladesh to Iraq have increased at an annualized rate of 49%, from $143k in 2009 to $1.05M in 2015.

In 2015, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, Iraq exported $101k to Bangladesh. There were not main exports from Iraq to Bangladesh in 2015. During the last 6 years the exports of Iraq to Bangladesh have decreased at an annualized rate of 38.4%, from $1.85M in 2009 to $101k in 2015.

In 2010, Bangladesh exported $1.05M to Iraq. There were not main exports from Bangladesh to Iraq in 2010. During the last 5 years the exports of Bangladesh to Iraq have increased at an annualized rate of 49%, from $143k in 2015 to $1.05M in 2010.

Exports from Iraq () to Bangladesh () (2015)

Exports from Bangladesh () to Iraq () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Iraq than Bangladesh included India ($38.8B), China ($34B), and South Korea ($8.21B).

In 2022, countries that imported more from Bangladesh than Iraq included Germany ($10.2B), United Kingdom ($4.86B), and Poland ($3.53B).

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

Comparative Advantage Iraq - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Iraq had a large net trade with Bangladesh in the exports of .

During 2010, Bangladesh had a large net trade with Iraq in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Bangladesh+$10.8kRefined Petroleum

Top Product Potential Bangladesh Iraq+$5.41kNon-Knit Men's Suits

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 Bangladesh. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Iraq.

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to Bangladesh () (2015)

Exports from Bangladesh () to Iraq () (2015)

Market Competitiveness

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

Comparative Advantage Iraq - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Bangladesh () (2015)

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