Flag Iraq / Uruguay Flag

Exports FlagFlag  (2013): $102k, Rnk 49 / 85

Top Product FlagFlag (2013): $102k, Tanned Sheep Hides

Exports FlagFlag (2018): $114M, Rnk 18 / 157

Top Product FlagFlag (2018): $105M, Rice

Economic Complexity of Flag (2018): ECI -0.91, Rnk 109 / 137

Economic Complexity of Flag (2018): ECI 0.17, Rnk 58 / 137

GDP Flag (2018): $224B, CURRENT US$
Rnk 48 / 196

GDP GROWTH Flag (2008-2018): 70.4%, CURRENT US$
Rnk 56 / 196

GDP Flag (2018): $59.6B, CURRENT US$
Rnk 79 / 196

GDP GROWTH Flag (2008-2018): 96.3%, CURRENT US$
Rnk 33 / 196

GDP PC Flag (2018): $5,834, CURRENT US$
Rnk 105 / 196

GDP PC GROWTH Flag (2008-2018): 25.8%, CURRENT US$
Rnk 93 / 196

GDP PC Flag (2018): $17,278, CURRENT US$
Rnk 53 / 196

GDP PC GROWTH Flag (2008-2018): 90.1%, CURRENT US$
Rnk 20 / 196

Iraq-Uruguay: In 2013, Iraq exported $102k to Uruguay. The main products exported from Iraq to Uruguay were Tanned Sheep Hides ($102k).

Uruguay-Iraq: In 2018, Uruguay exported $114M to Iraq. The main products exported from Uruguay to Iraq were Rice ($105M), Bovine ($9.02M), and Animal Food ($436k). During the last 21 years the exports of Uruguay to Iraq have increased at an annualized rate of N/A%, from $1.89k in 1997 to $114M in 2018.

Comparison: In 2018, Iraq ranked 109 in the Economic Complexity Index (ECI -0.91), and 40 in total exports ($87.4B). That same year, Uruguay ranked 58 in the Economic Complexity Index (ECI 0.17), and 92 in total exports ($8.96B). In terms of GDP Per Capita, Iraq was ranked 105 with a GDP Per Capita of $5,834, and Uruguay was ranked 53 with a GDP Per Capita of $17,278.

Bilateral Trade by Products

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Depth
Value

In 2013, Iraq exported $102k to Uruguay. The main products exported from Iraq to Uruguay were Tanned Sheep Hides ($102k).

In 2018, Uruguay exported $114M to Iraq. The main products exported from Uruguay to Iraq were Rice ($105M), Bovine ($9.02M), and Animal Food ($436k). During the last 21 years the exports of Uruguay to Iraq have increased at an annualized rate of N/A%, from $1.89k in 1997 to $114M in 2018.

Market Competitiveness

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Measure

Iraq
Top Destination
: India, $20.8B

Uruguay
Top Destination
: China, $2.04B

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

In 2018, countries that imported more from Iraq than Uruguay were India ($20.8B), China ($20B), and United States ($10.6B).

In 2018, countries that imported more from Uruguay than Iraq were Brazil ($1.14B), Argentina ($456M), and Mexico ($298M).

Comparative Advantage Iraq - Uruguay

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Depth

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

During 2013, Iraq had a large net trade with Uruguay in the exports of Animal Hides ($102k).

During 2018, Uruguay had a large net trade with Iraq in the exports of N/A.

Trade Forecasts

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This section shows a forecast for total trade between Iraq and Uruguay. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Iraq has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over Iraq.