Ukraine (UKR) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Ukraine-Iraq Trade: In 2022, Ukraine exported $293M to Iraq. The main products that Ukraine exported to Iraq were Seed Oils ($195M), Hot-Rolled Iron ($30.5M), and Packaged Medicaments ($11.6M). Over the past 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 9.37%, from $479M in 2017 to $293M in 2022.

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

Iraq-Ukraine In N/A, Iraq did not export any products to Ukraine.

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

Comparison: In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $293M to Iraq. The main products exported from Ukraine to Iraq were Seed Oils ($195M), Hot-Rolled Iron ($30.5M), and Packaged Medicaments ($11.6M). During the last 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 9.37%, from $479M in 2017 to $293M in 2022.

Iraq does not register exports to Ukraine. The main products exported from Iraq to Ukraine were Petroleum Coke ($149k), Tropical Fruits ($18.6k), and Other Electrical Machinery ($5.08k).

Exports from Ukraine () to Iraq () (2022)

Exports from Iraq () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Iraq ()

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Ukraine than Iraq included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

In 2022, countries that imported more from Iraq than Ukraine included India ($38.8B), China ($34B), and United States ($10.3B).

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

Comparative Advantage Ukraine - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Iraq in the exports of Animal and Vegetable Bi-Products ($197M), Metals ($43.6M), and Foodstuffs ($18.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Iraq+$6.17kSeed Oils

Top Product Potential Iraq Ukraine+$9.12kRefined 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 Ukraine and Iraq. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Ukraine.

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Iraq () (2022)

Exports from Iraq () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Iraq ()

Ukraine Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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