2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC 
$5,565CURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Iraq-Iran Trade: In 2022, Iraq exported $457M to Iran. The main products that Iraq exported to Iran were N/A. Over the past 5 years the exports of Iraq to Iran have increased at an annualized rate of 42.6%, from $77.4M in 2017 to $457M in 2022.

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

Iran-Iraq In N/A, Iran did not export any products to Iraq.

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

Comparison: In 2023,  Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $457M to Iran. There were not main exports from Iraq to Iran in 2022. During the last 5 years the exports of Iraq to Iran have increased at an annualized rate of 42.6%, from $77.4M in 2017 to $457M in 2022.

Iran does not register exports to Iraq.

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

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

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Iran
Top Destination
China$4.59B

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

In 2023, countries that imported more from Iraq than Iran included China ($35.5B), India ($29.8B), and United States ($8.92B).

In 2023, countries that imported more from Iran than Iraq included Pakistan ($943M), Turkey ($2.18B), and Armenia ($597M).

Difference in imports from Iran (Flag) and Iraq (Flag) (2023)

Comparative Advantage Iraq - Iran

Flow
Scale

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

During 2022, Iraq had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Iran+$7.38kRefined Petroleum
Top Product Potential Iran Iraq+$6.63kRefined 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 Iran. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Iraq.

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

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