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2022
Flag → Flag
Exports $293MRnk 28 / 191
2022
Flag → Flag
Top Product $195MSeed Oils
2022
Flag → Flag
Exports $176kRnk 61 / 101
2022
Flag → Flag
Top Product $149kPetroleum Coke
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 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

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 Trade: In 2022, Iraq exported $176k to Ukraine. The main products that Iraq exported to Ukraine were Petroleum Coke ($149k), Tropical Fruits ($18.6k), and Other Electrical Machinery ($5.08k). Over the past 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 0.44%,  from $173k in 2017 to $176k in 2022.

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
Value

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.

In 2017, Iraq exported $176k to Ukraine. The main products exported from Iraq to Ukraine were Petroleum Coke ($149k), Tropical Fruits ($18.6k), and Other Electrical Machinery ($5.08k). During the last 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 0.44%, from $173k in 2022 to $176k in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Iraq (Flag)

Ukraine Exports

Market Competitiveness

Color
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 (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - Iraq

Flow
Scale

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).

During 2017, Iraq had a large net trade with Ukraine in the exports of Mineral Products ($149k), Vegetable Products ($18.6k), and Machines ($5.08k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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