Iraq (IRQ) and India (IND) Trade

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Iraq-India: In 2019, Iraq exported $19.8B to India. The main products that Iraq exported to India are Crude Petroleum ($19.3B), Refined Petroleum ($299M), and Petroleum Coke ($120M). During the last 24 years the exports of Iraq to India have increased at an annualized rate of 76.4%, from $24k in 1995 to $19.8B in 2019.

In 2019, Iraq did not exported services to India.

India-Iraq: In 2019, India exported $2.02B to Iraq . The main products that India exported to Iraq were Refined Petroleum ($834M), Rice ($473M), and Frozen Bovine Meat ($172M). During the last 24 years the exports of India to Iraq have increased at an annualized rate of 39.8%, from $646k in 1995 to $2.02B in 2019.

In 2019, India did not exported services to Iraq.

Comparison: In 2019, Iraq ranked 97 in the Economic Complexity Index (ECI -0.4), and 40 in total exports ($81.7B). That same year, India ranked 45 in the Economic Complexity Index (ECI 0.63), and 15 in total exports ($330B).

Product Trade

Bilateral Trade by Products

Depth

Value

Year

In 2019, Iraq exported $19.8B to India. The main products exported from Iraq to India were Crude Petroleum ($19.3B), Refined Petroleum ($299M), and Petroleum Coke ($120M). During the last 24 years the exports of Iraq to India have increased at an annualized rate of 76.4%, from $24k in 1995 to $19.8B in 2019.

In 2019, India exported $2.02B to Iraq. The main products exported from India to Iraq were Refined Petroleum ($834M), Rice ($473M), and Frozen Bovine Meat ($172M). During the last 24 years the exports of India to Iraq have increased at an annualized rate of 39.8%, from $646k in 1995 to $2.02B in 2019.

Latest Data

Date

Market Competitiveness

Measure

SectionYear

Iraq
Top Destination: China, $21.1B

India
Top Destination: United States, $55.3B

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 Greece ($4.58B), China ($21.1B), and South Korea ($7.1B).

In 2019, countries that imported more from India than Iraq were United States ($55.3B), United Arab Emirates ($28.6B), and Hong Kong ($11.5B).

Comparative Advantage Iraq - India

Depth

Year

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

During 2019, Iraq had a large net trade with India in the exports of Mineral Products ($19.7B), Vegetable Products ($54M), and Animal Hides ($1.77M).

During 2019, India had a large net trade with Iraq in the exports of Mineral Products ($835M), Vegetable Products ($523M), and Animal Products ($173M).

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

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage Iraq - India

Economic Complexity

Competitive Landscape

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