2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 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
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Iraq-Gabon Trade: In 2019, Iraq exported $790 to Gabon. The main products that Iraq exported to Gabon were N/A. Over the past 19 years the exports of Iraq to Gabon have decreased at an annualized rate of 12.5%, from $10k in 2000 to $790 in 2019.

In 2019, Iraq did not export any services to Gabon.

Gabon-Iraq Trade: In 2019, Gabon exported $6.71M to Iraq. The main products that Gabon exported to Iraq were N/A. Over the past 19 years the exports of Gabon to Iraq have increased at an annualized rate of 5.58%,  from $2.39M in 2000 to $6.71M in 2019.

In 2019, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Iraq exported $790 to Gabon. There were not main exports from Iraq to Gabon in 2019. During the last 19 years the exports of Iraq to Gabon have decreased at an annualized rate of 12.5%, from $10k in 2000 to $790 in 2019.

In 2016, Gabon exported $6.71M to Iraq. There were not main exports from Gabon to Iraq in 2016. During the last 5 years the exports of Gabon to Iraq have increased at an annualized rate of 5.58%, from $2.39M in 2021 to $6.71M in 2016.

Exports from Iraq (Flag) to Gabon (Flag) (2021)

Exports from Gabon (Flag) to Iraq (Flag) (2021)

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Gabon
Top Destination
China$3.4B

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

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

In 2022, countries that imported more from Gabon than Iraq included Indonesia ($394M), Norway ($168M), and Thailand ($149M).

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

Comparative Advantage Iraq - Gabon

Flow
Scale

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

During 2019, Iraq had a large net trade with Gabon in the exports of .

During 2016, Gabon had a large net trade with Iraq in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Gabon+$3.17kRefined Petroleum
Top Product Potential Gabon Iraq+$4.06kRefined Petroleum

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

Product Space of Iraq (Flag) and Gabon (Flag) (2021)

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