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2023
Flag → Flag
Exports $14.4kRnk 78 / 100
2023
Flag → Flag
Top Product $5.01kDried Legumes
2023
Flag → Flag
Exports $4.03MRnk 88 / 191
2023
Flag → Flag
Top Product $1.11MRubber Tires
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 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$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

Iraq-Luxembourg Trade: In 2023, Iraq exported $14.4k to Luxembourg. The main products that Iraq exported to Luxembourg were Dried Legumes ($5.01k), Other Pure Vegetable Oils ($3.69k), and Tropical Fruits ($3.01k). Over the past 5 years the exports of Iraq to Luxembourg have increased at an annualized rate of 60.6%, from $1.35k in 2018 to $14.4k in 2023.

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

Luxembourg-Iraq Trade: In 2023, Luxembourg exported $4.03M to Iraq. The main products that Luxembourg exported to Iraq were Rubber Tires ($1.11M), Liquid Fuel Furnaces ($738k), and Iron Blocks ($429k). Over the past 5 years the exports of Luxembourg to Iraq have increased at an annualized rate of 19%,  from $1.69M in 2018 to $4.03M in 2023.

In 2023, Luxembourg 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, Luxembourg ranked 82 in total exports ($18.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $14.4k to Luxembourg. The main products exported from Iraq to Luxembourg were Dried Legumes ($5.01k), Other Pure Vegetable Oils ($3.69k), and Tropical Fruits ($3.01k). During the last 5 years the exports of Iraq to Luxembourg have increased at an annualized rate of 60.6%, from $1.35k in 2018 to $14.4k in 2023.

In 2018, Luxembourg exported $4.03M to Iraq. The main products exported from Luxembourg to Iraq were Rubber Tires ($1.11M), Liquid Fuel Furnaces ($738k), and Iron Blocks ($429k). During the last 5 years the exports of Luxembourg to Iraq have increased at an annualized rate of 19%, from $1.69M in 2023 to $4.03M in 2018.

Exports from Iraq (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Iraq (Flag) (2023)

Latest Data

Trade between Iraq (Flag) and Luxembourg (Flag)

Luxembourg Exports

Market Competitiveness

Color
Iraq
Top DestinationChina$35.5B
Luxembourg
Top DestinationGermany$3.42B

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

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

In 2023, countries that imported more from Luxembourg than Iraq included Germany ($3.42B), Belgium ($1.59B), and Hong Kong ($960M).

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

Comparative Advantage Iraq - Luxembourg

Flow
Scale

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

During 2023, Iraq had a large net trade with Luxembourg in the exports of Vegetable Products ($8.02k), Animal and Vegetable Bi-Products ($3.69k), and Machines ($2.03k).

During 2018, Luxembourg had a large net trade with Iraq in the exports of Machines ($1.66M), Plastics and Rubbers ($1.12M), and Metals ($513k).

Economic Complexity

Competitive Landscape

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

Product Space of Iraq (Flag) and Luxembourg (Flag) (2023)

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