Iraq (IRQ) and Mexico (MEX) Trade | The Observatory of Economic Complexity

About

Iraq-Mexico Trade: In 2013, Iraq exported $26.5k to Mexico. The main products that Iraq exported to Mexico were N/A. Over the past 5 years the exports of Iraq to Mexico have decreased at an annualized rate of 2.76%, from $30.5k in 2008 to $26.5k in 2013.

In 2013, Iraq did not export any services to Mexico.

Mexico-Iraq Trade: In 2013, Mexico exported $1.27M to Iraq. The main products that Mexico exported to Iraq were Broadcasting Equipment ($906k) and Machinery Having Individual Functions ($363k). Over the past 5 years the exports of Mexico to Iraq have decreased at an annualized rate of 26.7%, from $5.98M in 2008 to $1.27M in 2013.

In 2013, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Iraq exported $26.5k to Mexico. There were not main exports from Iraq to Mexico in 2013. During the last 5 years the exports of Iraq to Mexico have decreased at an annualized rate of 2.76%, from $30.5k in 2008 to $26.5k in 2013.

In 2018, Mexico exported $1.27M to Iraq. The main products exported from Mexico to Iraq were Broadcasting Equipment ($906k) and Machinery Having Individual Functions ($363k). During the last 5 years the exports of Mexico to Iraq have decreased at an annualized rate of 26.7%, from $5.98M in 2023 to $1.27M in 2018.

Exports from Iraq () to Mexico () (2023)

Exports from Mexico () to Iraq () (2023)

Latest Data

Trade between Iraq () and Mexico ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Mexico
Top DestinationUnited States$456B

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

In 2023, countries that imported more from Iraq than Mexico included India ($29.8B), China ($35.5B), and Greece ($5.68B).

In 2023, countries that imported more from Mexico than Iraq included United States ($456B), Canada ($33B), and Germany ($10.7B).

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

Comparative Advantage Iraq - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Iraq had a large net trade with Mexico in the exports of .

During 2018, Mexico had a large net trade with Iraq in the exports of Machines ($1.27M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Mexico+$13kRefined Petroleum

Top Product Potential Mexico Iraq+$56.3kPepper

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Mexico () (2023)

Exports from Mexico () to Iraq () (2023)

Latest Data

Trade between Iraq () and Mexico ()

Mexico Exports

Market Competitiveness

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

Comparative Advantage Iraq - Mexico

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring