GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Iraq did not export any services to Somalia.
Somalia-Iraq In N/A, Somalia did not export any products to Iraq.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
This map shows whether countries import more from Iraq or Somalia. Each country is colored based on the difference in imports they receive from Iraq and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Iraq than Somalia included India ($38.8B), China ($34B), and United States ($10.3B).
In 2022, countries that imported more from Somalia than Iraq included Bahrain ($9M), Kuwait ($13.5M), and Japan ($4.24M).
) and Iraq () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Iraq and Somalia. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Iraq.
) and Somalia () (2014)
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