2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

In N/A, Iraq did not export any services to Mongolia.

Mongolia-Iraq In false, Mongolia did not export any products to Iraq.

In N/A, Mongolia did not export any services to Iraq.

Comparison: In 2022,  Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Mongolia
Top Destination
China$10.6B

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

In 2022, countries that imported more from Iraq than Mongolia included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Mongolia than Iraq included Switzerland ($1.98B), Russia ($112M), and Thailand ($33.6M).

Difference in imports from Mongolia (Flag) and Iraq (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Mongolia+$5.58kRefined Petroleum
Top Product Potential Mongolia Iraq+$4.61kGold

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 Mongolia. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Iraq.

Product Space of Iraq (Flag) and Mongolia (Flag) (NaN)

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