Turkey (TUR) and Iraq (IRQ) Trade | OEC - The Observatory of Economic Complexity

About

Turkey-Iraq In 2021, Turkey exported $11.1B to Iraq. The main products that Turkey exported to Iraq are Jewellery ($1.4B), Wheat Flours ($480M), and Poultry Meat ($424M). During the last 26 years the exports of Turkey to Iraq have increased at an annualized rate of 19.1%, from $119M in 1995 to $11.1B in 2021.

In 2021, Turkey did not export any services to Iraq.

Iraq-Turkey In 2021, Iraq exported $1.61B to Turkey. The main products that Iraq exported to Turkey were Gold ($971M), Petroleum Coke ($331M), and Refined Petroleum ($98.3M). During the last 26 years the exports of Iraq to Turkey have increased at an annualized rate of 16.8%, from $28.5M in 1995 to $1.61B in 2021.

In 2021, Iraq did not export any services to Turkey.

Comparison In 2021, Turkey ranked 42 in the Economic Complexity Index (ECI 0.61), and 28 in total exports ($234B). 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, Turkey exported $11.1B to Iraq. The main products exported from Turkey to Iraq were Jewellery ($1.4B), Wheat Flours ($480M), and Poultry Meat ($424M). During the last 26 years the exports of Turkey to Iraq have increased at an annualized rate of 19.1%, from $119M in 1995 to $11.1B in 2021.

In 2021, Iraq exported $1.61B to Turkey. The main products exported from Iraq to Turkey were Gold ($971M), Petroleum Coke ($331M), and Refined Petroleum ($98.3M). During the last 25 years the exports of Iraq to Turkey have increased at an annualized rate of 16.8%, from $28.5M in 1996 to $1.61B in 2021.

Latest Data

Turkey Exports

Date

Market Competitiveness

Color

SectionYear

Turkey
Top Destination: Germany, $19.8B

Iraq
Top Destination: India, $23.5B

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

In 2021, countries that imported more from Turkey than Iraq were Germany ($19.8B), United Kingdom ($14.2B), and United States ($14.8B).

In 2021, countries that imported more from Iraq than Turkey were India ($23.5B), China ($23.3B), and Greece ($8.7B).

Comparative Advantage Turkey - Iraq

Flow

Scale

Year

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

During 2021, Turkey had a large net trade with Iraq in the exports of Precious Metals ($1.42B), Foodstuffs ($1.36B), and Vegetable Products ($1.26B).

During 2021, Iraq had a large net trade with Turkey in the exports of Precious Metals ($974M), Mineral Products ($434M), and Metals ($108M).

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 Turkey has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over Turkey.

About

Historical Data

Bilateral Trade by Products

Latest Data

Turkey Exports

Market Competitiveness

Comparative Advantage Turkey - Iraq

Economic Complexity

Competitive Landscape

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