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2023
Flag → Flag
Exports $682MRnk 60 / 224
2023
Flag → Flag
Top Product $56.2MRefined Petroleum
2023
Flag → Flag
Exports $5.26BRnk 6 / 100
2023
Flag → Flag
Top Product $5.16BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195

About

Netherlands-Iraq Trade: In 2023, Netherlands exported $682M to Iraq. The main products that Netherlands exported to Iraq were Refined Petroleum ($56.2M), Packaged Medicaments ($43.1M), and Malt Extract ($39.3M). Over the past 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 0.51%, from $665M in 2018 to $682M in 2023.

In 2023, Netherlands did not export any services to Iraq.

Iraq-Netherlands Trade: In 2023, Iraq exported $5.26B to Netherlands. The main products that Iraq exported to Netherlands were Crude Petroleum ($5.16B), Refined Petroleum ($44M), and Planes, Helicopters, and/or Spacecraft ($33.7M). Over the past 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 14.6%,  from $2.66B in 2018 to $5.26B in 2023.

In 2023, Iraq did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €40M and imported €377M from Iraq, resulting in a negative trade balance of €337M. Between October 2023 and October 2024 the exports of Netherlands have increased by €9M (29%) from €31M to €40M, while imports decreased by €-385M (-50.5%) from €762M to €377M.

Trade In October 2024, the top exports of Netherlands to Iraq were Undefined (€117M), Petroleum oils and oils obtained from... (€44M), Fixed vegetable fats and oils, "soft",... (€30M), Food-processing machines (excluding domestic); parts thereof (€6M), and Vegetables, fresh, chilled, frozen or simply... (€4M). In October 2024 the top imports of Netherlands from Iraq were Petroleum oils and oils obtained from... (€326M), Animal or vegetable fats and oils,... (€1M), and Alcohols, phenols, phenol-alcohols, and their halogenated,... (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€9M(29%)
IMPORT GROWTH (October 2023 - October 2024)€-385M(-50.5%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Iraq and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iraq and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $682M to Iraq. The main products exported from Netherlands to Iraq were Refined Petroleum ($56.2M), Packaged Medicaments ($43.1M), and Malt Extract ($39.3M). During the last 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 0.51%, from $665M in 2018 to $682M in 2023.

In 2018, Iraq exported $5.26B to Netherlands. The main products exported from Iraq to Netherlands were Crude Petroleum ($5.16B), Refined Petroleum ($44M), and Planes, Helicopters, and/or Spacecraft ($33.7M). During the last 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 14.6%, from $2.66B in 2023 to $5.26B in 2018.

Exports from Netherlands (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Netherlands than Iraq included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Iraq than Netherlands included India ($29.8B), China ($35.5B), and United Arab Emirates ($5.65B).

Difference in imports from Iraq (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Iraq

Flow
Scale

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

During 2023, Netherlands had a large net trade with Iraq in the exports of Machines ($185M), Foodstuffs ($92.7M), and Chemical Products ($81.8M).

During 2018, Iraq had a large net trade with Netherlands in the exports of Mineral Products ($5.2B), Transportation ($38.4M), and Machines ($8.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Iraq+$103MRefined Petroleum
Top Product Potential Iraq Netherlands+$840MCrude 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

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

Product Space of Netherlands (Flag) and Iraq (Flag) (2023)

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