2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Iraq-Germany Trade: In 2022, Iraq exported $2.01B to Germany. The main products that Iraq exported to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). Over the past 5 years the exports of Iraq to Germany have increased at an annualized rate of 15.7%, from $969M in 2017 to $2.01B in 2022.

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

Germany-Iraq Trade: In 2022, Germany exported $1.15B to Iraq. The main products that Germany exported to Iraq were Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). Over the past 5 years the exports of Germany to Iraq have increased at an annualized rate of 9.14%,  from $742M in 2017 to $1.15B in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $2.01B to Germany. The main products exported from Iraq to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). During the last 5 years the exports of Iraq to Germany have increased at an annualized rate of 15.7%, from $969M in 2017 to $2.01B in 2022.

In 2017, Germany exported $1.15B to Iraq. The main products exported from Germany to Iraq were Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). During the last 5 years the exports of Germany to Iraq have increased at an annualized rate of 9.14%, from $742M in 2022 to $1.15B in 2017.

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

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

Latest Data

Trade between Iraq (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Iraq than Germany included India ($38.8B) and Brunei ($174M).

In 2022, countries that imported more from Germany than Iraq included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Iraq - Germany

Flow
Scale

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

During 2022, Iraq had a large net trade with Germany in the exports of Mineral Products ($2B), Foodstuffs ($1.38M), and Vegetable Products ($552k).

During 2017, Germany had a large net trade with Iraq in the exports of Machines ($484M), Transportation ($158M), and Chemical Products ($152M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Germany+$1.12BCrude Petroleum
Top Product Potential Germany Iraq+$141MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with