2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC 
$5,565CURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Iraq-Germany Trade: In 2023, Iraq exported $1.7B to Germany. The main products that Iraq exported to Germany were Crude Petroleum ($1.69B), Other Processed Fruits and Nuts ($1.04M), and Other Vegetables ($714k). Over the past 5 years the exports of Iraq to Germany have increased at an annualized rate of 6.19%, from $1.26B in 2018 to $1.7B in 2023.

In 2023, Iraq did not export any services to Germany.

Germany-Iraq Trade: In 2023, Germany exported $1.3B to Iraq. The main products that Germany exported to Iraq were Cars ($80.4M), Electrical Control Boards ($78.1M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). Over the past 5 years the exports of Germany to Iraq have increased at an annualized rate of 8.75%,  from $853M in 2018 to $1.3B in 2023.

In 2023, Germany did not export any services to Iraq.

Comparison: In 2023,  Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $1.7B to Germany. The main products exported from Iraq to Germany were Crude Petroleum ($1.69B), Other Processed Fruits and Nuts ($1.04M), and Other Vegetables ($714k). During the last 5 years the exports of Iraq to Germany have increased at an annualized rate of 6.19%, from $1.26B in 2018 to $1.7B in 2023.

In 2018, Germany exported $1.3B to Iraq. The main products exported from Germany to Iraq were Cars ($80.4M), Electrical Control Boards ($78.1M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). During the last 5 years the exports of Germany to Iraq have increased at an annualized rate of 8.75%, from $853M in 2023 to $1.3B in 2018.

Exports from Iraq (Flag) to Germany (Flag) (2023)

Exports from Germany (Flag) to Iraq (Flag) (2023)

Latest Data

Trade between Iraq (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Germany
Top Destination
United States$157B

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 2023, countries that imported more from Iraq than Germany included India ($29.8B).

In 2023, countries that imported more from Germany than Iraq included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany (Flag) and Iraq (Flag) (2023)

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 2023, Iraq had a large net trade with Germany in the exports of Mineral Products ($1.69B), Foodstuffs ($1.66M), and Vegetable Products ($924k).

During 2018, Germany had a large net trade with Iraq in the exports of Machines ($594M), Chemical Products ($193M), and Transportation ($123M).

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.

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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) (2023)

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