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

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Mexico-Iraq Trade: In 2022, Mexico exported $1.32M to Iraq. The main products that Mexico exported to Iraq were Pepper ($1.32M). Over the past 5 years the exports of Mexico to Iraq have decreased at an annualized rate of 32.2%, from $9.23M in 2017 to $1.32M in 2022.

In 2022, Mexico did not export any services to Iraq.

Iraq-Mexico Trade: In 2022, Iraq exported $26.4k 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 2.79%, from $30.4k in 2017 to $26.4k in 2022.

In 2022, Iraq did not export any services to Mexico.

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $1.32M to Iraq. The main products exported from Mexico to Iraq were Pepper ($1.32M). During the last 5 years the exports of Mexico to Iraq have decreased at an annualized rate of 32.2%, from $9.23M in 2017 to $1.32M in 2022.

In 2008, Iraq exported $26.4k to Mexico. There were not main exports from Iraq to Mexico in 2008. During the last 5 years the exports of Iraq to Mexico have decreased at an annualized rate of 2.79%, from $30.4k in 2013 to $26.4k in 2008.

Exports from Mexico () to Iraq () (2022)

Exports from Iraq () to Mexico () (2022)

Latest Data

Trade between Mexico () and Iraq ()

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Mexico than Iraq included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

Difference in imports from Iraq () and Mexico () (2022)

Comparative Advantage Mexico - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Iraq in the exports of Vegetable Products ($1.32M).

During 2008, Iraq had a large net trade with Mexico in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Iraq+$56.3kPepper

Top Product Potential Iraq Mexico+$13kRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mexico () to Iraq () (2022)

Exports from Iraq () to Mexico () (2022)

Latest Data

Trade between Mexico () and Iraq ()

Mexico Exports

Market Competitiveness

Difference in imports from Iraq () and Mexico () (2022)

Comparative Advantage Mexico - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mexico () and Iraq () (2022)

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