2022
Flag  
GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
Flag
 GDP
$127BCURRENT US$
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2012-2022
Flag
GDP GROWTH
193%CURRENT US$
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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
$1,028CURRENT US$
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2012-2022
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GDP PC GROWTH
124%CURRENT US$
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About

Iraq-Ethiopia Trade: In 2022, Iraq exported $16.6M to Ethiopia. The main products that Iraq exported to Ethiopia were Petroleum Coke ($5.14M), Bitumen and asphalt ($4.13M), and Petroleum Gas ($3.39M). Over the past 5 years the exports of Iraq to Ethiopia have increased at an annualized rate of 680%, from $577 in 2017 to $16.6M in 2022.

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

Ethiopia-Iraq Trade: In 2022, Ethiopia exported $880k to Iraq. The main products that Ethiopia exported to Iraq were Scrap Plastic ($611k), Spices ($164k), and Coffee ($68.6k). Over the past 5 years the exports of Ethiopia to Iraq have decreased at an annualized rate of 10.9%,  from $1.56M in 2017 to $880k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $16.6M to Ethiopia. The main products exported from Iraq to Ethiopia were Petroleum Coke ($5.14M), Bitumen and asphalt ($4.13M), and Petroleum Gas ($3.39M). During the last 5 years the exports of Iraq to Ethiopia have increased at an annualized rate of 680%, from $577 in 2017 to $16.6M in 2022.

In 2017, Ethiopia exported $880k to Iraq. The main products exported from Ethiopia to Iraq were Scrap Plastic ($611k), Spices ($164k), and Coffee ($68.6k). During the last 5 years the exports of Ethiopia to Iraq have decreased at an annualized rate of 10.9%, from $1.56M in 2022 to $880k in 2017.

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

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

Latest Data

Trade between Iraq (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from Iraq than Ethiopia included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Ethiopia than Iraq included Saudi Arabia ($268M), Somalia ($265M), and Japan ($150M).

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

Comparative Advantage Iraq - Ethiopia

Flow
Scale

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

During 2022, Iraq had a large net trade with Ethiopia in the exports of Mineral Products ($14M), Chemical Products ($2.09M), and Stone And Glass ($517k).

During 2017, Ethiopia had a large net trade with Iraq in the exports of Plastics and Rubbers ($614k), Vegetable Products ($259k), and Textiles ($2.53k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Ethiopia+$931kRefined Petroleum
Top Product Potential Ethiopia Iraq+$280kCoffee

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

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

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