Saudi Arabia (SAU) and Iraq (IRQ) Trade | OEC - The Observatory of Economic Complexity

About

Saudi Arabia-Iraq In 2021, Saudi Arabia exported $1.02B to Iraq. The main products that Saudi Arabia exported to Iraq are Refined Petroleum ($207M), Insulated Wire ($107M), and Pasta ($98.8M). During the last 26 years the exports of Saudi Arabia to Iraq have increased at an annualized rate of 31.8%, from $777k in 1995 to $1.02B in 2021.

In 2021, Saudi Arabia did not export any services to Iraq.

Iraq-Saudi Arabia In 2021, Iraq exported $17.7M to Saudi Arabia. The main products that Iraq exported to Saudi Arabia were Scrap Aluminium ($14.7M), Cyclic Hydrocarbons ($1.43M), and Insect Resins ($739k). During the last 26 years the exports of Iraq to Saudi Arabia have increased at an annualized rate of 34.6%, from $7.86k in 1995 to $17.7M in 2021.

In 2021, Iraq did not export any services to Saudi Arabia.

Comparison In 2021, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, Iraq ranked 112 in the Economic Complexity Index (ECI -1.12), and 45 in total exports ($81.1B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Saudi Arabia exported $1.02B to Iraq. The main products exported from Saudi Arabia to Iraq were Refined Petroleum ($207M), Insulated Wire ($107M), and Pasta ($98.8M). During the last 26 years the exports of Saudi Arabia to Iraq have increased at an annualized rate of 31.8%, from $777k in 1995 to $1.02B in 2021.

In 2021, Iraq exported $17.7M to Saudi Arabia. The main products exported from Iraq to Saudi Arabia were Scrap Aluminium ($14.7M), Cyclic Hydrocarbons ($1.43M), and Insect Resins ($739k). During the last 23 years the exports of Iraq to Saudi Arabia have increased at an annualized rate of 34.6%, from $7.86k in 1998 to $17.7M in 2021.

Latest Data

Saudi Arabia Exports

Date

Market Competitiveness

Color

SectionYear

Saudi Arabia
Top Destination: China, $48.7B

Iraq
Top Destination: India, $23.5B

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

In 2021, countries that imported more from Saudi Arabia than Iraq were China ($48.7B), Japan ($24.1B), and South Korea ($21.5B).

In 2021, countries that imported more from Iraq than Saudi Arabia were Greece ($8.7B), Serbia ($755M), and Austria ($695M).

Comparative Advantage Saudi Arabia - Iraq

Flow

Scale

Year

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

During 2021, Saudi Arabia had a large net trade with Iraq in the exports of Mineral Products ($207M), Metals ($170M), and Machines ($146M).

During 2021, Iraq had a large net trade with Saudi Arabia in the exports of Metals ($14.8M), Chemical Products ($1.43M), and Vegetable Products ($1.02M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Saudi Arabia Exports

Market Competitiveness

Comparative Advantage Saudi Arabia - Iraq

Economic Complexity

Competitive Landscape

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