2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Iraq-China Trade: In 2022, Iraq exported $12.3B to China. The main products that Iraq exported to China were Crude Petroleum ($33.8B), Refined Petroleum ($173M), and Petroleum Coke ($46.6M). Over the past 5 years the exports of Iraq to China have increased at an annualized rate of 637%, from $564k in 2017 to $12.3B in 2022.

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

China-Iraq Trade: In 2022, China exported $8.33B to Iraq. The main products that China exported to Iraq were Air Conditioners ($711M), Rubber Tires ($425M), and Light Fixtures ($419M). Over the past 5 years the exports of China to Iraq have increased at an annualized rate of 675%,  from $298k in 2017 to $8.33B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $12.3B to China. The main products exported from Iraq to China were Crude Petroleum ($33.8B), Refined Petroleum ($173M), and Petroleum Coke ($46.6M). During the last 5 years the exports of Iraq to China have increased at an annualized rate of 637%, from $564k in 2017 to $12.3B in 2022.

In 2017, China exported $8.33B to Iraq. The main products exported from China to Iraq were Air Conditioners ($711M), Rubber Tires ($425M), and Light Fixtures ($419M). During the last 22 years the exports of China to Iraq have increased at an annualized rate of 675%, from $298k in 1995 to $8.33B in 2017.

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

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

Latest Data

Trade between Iraq (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Iraq
Top Destination
N/AN/A
China
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Iraq - China

Flow
Scale

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

During 2022, Iraq had a large net trade with China in the exports of Mineral Products ($34B), Chemical Products ($832k), and Vegetable Products ($127k).

During 2017, China had a large net trade with Iraq in the exports of Machines ($4.01B), Metals ($1.94B), and Textiles ($1.86B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq China+$2.35BCrude Petroleum
Top Product Potential China Iraq+$309MTelephones

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

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

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