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2022
Flag → Flag
Exports $457MRnk 49 / 210
2022
Flag → Flag
Top Product $399MRefined Petroleum
2022
Flag → Flag
Exports $1.02BRnk 15 / 101
2022
Flag → Flag
Top Product $523MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Chinese Taipei-Iraq Trade: In 2022, Chinese Taipei exported $457M to Iraq. The main products that Chinese Taipei exported to Iraq were Refined Petroleum ($399M), Motor vehicles; parts and accessories (8701 to 8705) ($10.5M), and Iron Fasteners ($6.22M). Over the past 5 years the exports of Chinese Taipei to Iraq have increased at an annualized rate of 58.9%, from $45.1M in 2017 to $457M in 2022.

In 2022, Chinese Taipei did not export any services to Iraq.

Iraq-Chinese Taipei Trade: In 2022, Iraq exported $1.02B to Chinese Taipei. The main products that Iraq exported to Chinese Taipei were Crude Petroleum ($523M) and Refined Petroleum ($496M). Over the past 5 years the exports of Iraq to Chinese Taipei have decreased at an annualized rate of 2.94%,  from $1.22B in 2017 to $1.02B in 2022.

In 2022, Iraq did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $457M to Iraq. The main products exported from Chinese Taipei to Iraq were Refined Petroleum ($399M), Motor vehicles; parts and accessories (8701 to 8705) ($10.5M), and Iron Fasteners ($6.22M). During the last 5 years the exports of Chinese Taipei to Iraq have increased at an annualized rate of 58.9%, from $45.1M in 2017 to $457M in 2022.

In 2017, Iraq exported $1.02B to Chinese Taipei. The main products exported from Iraq to Chinese Taipei were Crude Petroleum ($523M) and Refined Petroleum ($496M). During the last 5 years the exports of Iraq to Chinese Taipei have decreased at an annualized rate of 2.94%, from $1.22B in 2022 to $1.02B in 2017.

Exports from Chinese Taipei (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Chinese Taipei than Iraq included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Iraq than Chinese Taipei included India ($38.8B), Greece ($6.27B), and United Arab Emirates ($3.27B).

Difference in imports from Iraq (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Iraq

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Iraq in the exports of Mineral Products ($399M), Machines ($20.8M), and Transportation ($13.4M).

During 2017, Iraq had a large net trade with Chinese Taipei in the exports of Mineral Products ($1.02B).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Iraq (Flag) (2022)

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