Iraq (IRQ) and India (IND) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Compare to

Year

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.

Latest Data

India Exports

Date

Market Competitiveness

Measure

SectionYear

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

Flow

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

India Exports

Market Competitiveness

Comparative Advantage Iraq - India

Economic Complexity

Competitive Landscape

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