2022
Flag  
GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$5,937CURRENT US$
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2012-2022
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GDP PC GROWTH
-7.77%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Iraq-South Africa Trade: In 2022, Iraq exported $3.1M to South Africa. The main products that Iraq exported to South Africa were Stearic Acid ($2.39M), Refined Petroleum ($693k), and Medical Instruments ($7.45k). Over the past 5 years the exports of Iraq to South Africa have increased at an annualized rate of 152%, from $30.3k in 2017 to $3.1M in 2022.

In 2022, Iraq did not export any services to South Africa.

South Africa-Iraq Trade: In 2022, South Africa exported $52M to Iraq. The main products that South Africa exported to Iraq were Citrus ($40.4M), Other Fruits ($2.52M), and Copper Pipes ($2.19M). Over the past 5 years the exports of South Africa to Iraq have increased at an annualized rate of 54.1%,  from $5.99M in 2017 to $52M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $3.1M to South Africa. The main products exported from Iraq to South Africa were Stearic Acid ($2.39M), Refined Petroleum ($693k), and Medical Instruments ($7.45k). During the last 5 years the exports of Iraq to South Africa have increased at an annualized rate of 152%, from $30.3k in 2017 to $3.1M in 2022.

In 2017, South Africa exported $52M to Iraq. The main products exported from South Africa to Iraq were Citrus ($40.4M), Other Fruits ($2.52M), and Copper Pipes ($2.19M). During the last 5 years the exports of South Africa to Iraq have increased at an annualized rate of 54.1%, from $5.99M in 2022 to $52M in 2017.

Exports from Iraq (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Iraq (Flag) (2022)

Latest Data

Trade between Iraq (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Iraq than South Africa included India ($38.8B), China ($34B), and Greece ($6.27B).

In 2022, countries that imported more from South Africa than Iraq included Japan ($8.85B), Germany ($9.96B), and Switzerland ($6.43B).

Difference in imports from South Africa (Flag) and Iraq (Flag) (2022)

Comparative Advantage Iraq - South Africa

Flow
Scale

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

During 2022, Iraq had a large net trade with South Africa in the exports of Animal and Vegetable Bi-Products ($2.39M), Mineral Products ($693k), and Instruments ($11.9k).

During 2017, South Africa had a large net trade with Iraq in the exports of Vegetable Products ($44.6M), Metals ($3M), and Animal Products ($1.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq South Africa+$5.2MRefined Petroleum
Top Product Potential South Africa Iraq+$1.07MOther Fruits

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

Product Space of Iraq (Flag) and South Africa (Flag) (2022)

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