Iraq (IRQ) and Chile (CHL) Trade | The Observatory of Economic Complexity

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Iraq-Chile Trade: In 2022, Iraq exported $1.09k to Chile. The main products that Iraq exported to Chile were Medical Instruments ($773) and Centrifuges ($316). Over the past 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%, from $7.72k in 2017 to $1.09k in 2022.

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

Chile-Iraq Trade: In 2022, Chile exported $2.76M to Iraq. The main products that Chile exported to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). Over the past 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%, from $2.52M in 2017 to $2.76M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $1.09k to Chile. The main products exported from Iraq to Chile were Medical Instruments ($773) and Centrifuges ($316). During the last 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%, from $7.72k in 2017 to $1.09k in 2022.

In 2017, Chile exported $2.76M to Iraq. The main products exported from Chile to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). During the last 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%, from $2.52M in 2022 to $2.76M in 2017.

Exports from Iraq () to Chile () (2022)

Exports from Chile () to Iraq () (2022)

Latest Data

Trade between Iraq () and Chile ()

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Iraq than Chile included India ($38.8B), Greece ($6.27B), and Italy ($4.67B).

In 2022, countries that imported more from Chile than Iraq included Japan ($7.43B), Brazil ($4.55B), and China ($38.5B).

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

Comparative Advantage Iraq - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Chile in the exports of Instruments ($773) and Machines ($316).

During 2017, Chile had a large net trade with Iraq in the exports of Vegetable Products ($2.06M), Foodstuffs ($453k), and Chemical Products ($159k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Chile+$11.6kCrude Petroleum

Top Product Potential Chile Iraq+$693kOther Nuts

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Chile () (2022)

Exports from Chile () to Iraq () (2022)

Latest Data

Trade between Iraq () and Chile ()

Chile Exports

Market Competitiveness

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

Comparative Advantage Iraq - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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