Flag Iraq / India Flag

2020
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Exports
: $14.4B, Rnk 2 / 94

2020
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Top Product
: $13.2B, Crude Petroleum

2020
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Exports
: $1.46B, Rnk 40 / 218

2020
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Top Product
: $590M, Rice

2020
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Economic Complexity (ECI)
: ECI -0.69, Rnk 90 / 127

2020
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Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
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GDP
: $167B, CURRENT US$
Rnk 53 / 195

2010-2020
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GDP GROWTH
: 20.4%, CURRENT US$
Rnk 116 / 195

2020
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 GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
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GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
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GDP PC 
: $4,146, CURRENT US$
Rnk 115 / 195

2010-2020
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GDP PC GROWTH
: -11%, CURRENT US$
Rnk 162 / 195

2020
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GDP PC
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
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GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

Iraq-India In 2020, Iraq exported $14.4B to India. The main products that Iraq exported to India are Crude Petroleum ($13.2B), Refined Petroleum ($945M), and Petroleum Coke ($172M). During the last 25 years the exports of Iraq to India have increased at an annualized rate of 70.3%, from $23.8k in 1995 to $14.4B in 2020.

In 2020, Iraq did not export any services to India.

India-Iraq In 2020, India exported $1.46B to Iraq . The main products that India exported to Iraq were Rice ($590M), Frozen Bovine Meat ($142M), and Packaged Medicaments ($111M). During the last 25 years the exports of India to Iraq have increased at an annualized rate of 36.2%, from $646k in 1995 to $1.46B in 2020.

In 2020, India did not export any services to Iraq.

Comparison In 2020,  Iraq ranked 90 in the Economic Complexity Index (ECI -0.69), and 44 in total exports ($58.3B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Iraq exported $14.4B to India. The main products exported from Iraq to India were Crude Petroleum ($13.2B), Refined Petroleum ($945M), and Petroleum Coke ($172M). During the last 25 years the exports of Iraq to India have increased at an annualized rate of 70.3%, from $23.8k in 1995 to $14.4B in 2020.

In 2020, India exported $1.46B to Iraq. The main products exported from India to Iraq were Rice ($590M), Frozen Bovine Meat ($142M), and Packaged Medicaments ($111M). During the last 25 years the exports of India to Iraq have increased at an annualized rate of 36.2%, from $646k in 1995 to $1.46B in 2020.

Market Competitiveness

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Measure

Iraq
Top Destination
: China, $17B

India
Top Destination
: United States, $49.7B

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

In 2019, countries that imported more from Iraq than India were Turkey ($8.19B), Greece ($2.05B), and Serbia ($435M).

In 2019, countries that imported more from India than Iraq were United States ($49.7B), United Arab Emirates ($18.1B), and Hong Kong ($9.18B).

Comparative Advantage Iraq - India

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Flow

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

During 2020, Iraq had a large net trade with India in the exports of Mineral Products ($14.4B), Vegetable Products ($70.9M), and Transportation ($19.6M).

During 2020, India had a large net trade with Iraq in the exports of Vegetable Products ($652M), Chemical Products ($165M), and Animal Products ($143M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Iraq has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over Iraq.