Iraq (IRQ) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Iraq-Japan Trade: In 2023, Iraq exported $28.9M to Japan. The main products that Iraq exported to Japan were Refined Petroleum ($28.9M), Collector's Items ($45k), and Tropical Fruits ($23.4k). Over the past 5 years the exports of Iraq to Japan have decreased at an annualized rate of 53.4%, from $1.31B in 2018 to $28.9M in 2023.

In 2023, Iraq did not export any services to Japan.

Japan-Iraq Trade: In 2023, Japan exported $838M to Iraq. The main products that Japan exported to Iraq were Cars ($518M), Delivery Trucks ($74.3M), and Iron Pipes ($65.1M). Over the past 5 years the exports of Japan to Iraq have increased at an annualized rate of 18.8%, from $354M in 2018 to $838M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $28.9M to Japan. The main products exported from Iraq to Japan were Refined Petroleum ($28.9M), Collector's Items ($45k), and Tropical Fruits ($23.4k). During the last 5 years the exports of Iraq to Japan have decreased at an annualized rate of 53.4%, from $1.31B in 2018 to $28.9M in 2023.

In 2018, Japan exported $838M to Iraq. The main products exported from Japan to Iraq were Cars ($518M), Delivery Trucks ($74.3M), and Iron Pipes ($65.1M). During the last 5 years the exports of Japan to Iraq have increased at an annualized rate of 18.8%, from $354M in 2023 to $838M in 2018.

Exports from Iraq () to Japan () (2023)

Exports from Japan () to Iraq () (2023)

Latest Data

Trade between Iraq () and Japan ()

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Iraq than Japan included India ($29.8B), Greece ($5.68B), and Serbia ($852M).

In 2023, countries that imported more from Japan than Iraq included United States ($143B), China ($138B), and South Korea ($42.7B).

Difference in imports from Japan () and Iraq () (2023)

Comparative Advantage Iraq - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with Japan in the exports of Mineral Products ($28.9M), Arts and Antiques ($45k), and Vegetable Products ($23.4k).

During 2018, Japan had a large net trade with Iraq in the exports of Transportation ($629M), Metals ($78.4M), and Machines ($75.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Japan+$30.2kCollector's Items

Top Product Potential Japan Iraq+$133MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Iraq and Japan. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Iraq.

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Japan () (2023)

Exports from Japan () to Iraq () (2023)

Latest Data

Trade between Iraq () and Japan ()

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Iraq () (2023)

Comparative Advantage Iraq - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Japan () (2023)

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