Flag United States / Iraq Flag

Exports FlagFlag  (2018): $962M, Rnk 75 / 215

Top Product FlagFlag (2018): $221M, Wheat

Exports FlagFlag (2018): $10.6B, Rnk 3 / 71

Top Product FlagFlag (2018): $10.5B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI -0.91, Rnk 109 / 137

United States-Iraq: In 2018, United States exported $962M to Iraq. The main products exported from United States to Iraq were Wheat ($221M), Cars ($144M), and Rice ($88.7M). During the last 22 years the exports of United States to Iraq have increased at an annualized rate of 30.6%, from $2.72M in 1996 to $962M in 2018.

Iraq-United States: In 2018, Iraq exported $10.6B to United States. The main products exported from Iraq to United States were Crude Petroleum ($10.5B), Refined Petroleum ($53.9M), and Vegetable Saps ($400k). During the last 21 years the exports of Iraq to United States have increased at an annualized rate of 18%, from $276M in 1997 to $10.6B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Iraq ranked 109 in the Economic Complexity Index (ECI -0.91), and 40 in total exports ($87.4B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $962M to Iraq. The main products exported from United States to Iraq were Wheat ($221M), Cars ($144M), and Rice ($88.7M). During the last 22 years the exports of United States to Iraq have increased at an annualized rate of 30.6%, from $2.72M in 1996 to $962M in 2018.

In 2018, Iraq exported $10.6B to United States. The main products exported from Iraq to United States were Crude Petroleum ($10.5B), Refined Petroleum ($53.9M), and Vegetable Saps ($400k). During the last 21 years the exports of Iraq to United States have increased at an annualized rate of 18%, from $276M in 1997 to $10.6B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Iraq
Top Destination
: India, $20.8B

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

In 2018, countries that imported more from United States than Iraq were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Iraq than United States were Greece ($4.92B), Serbia ($684M), and Croatia ($426M).

Comparative Advantage United States - Iraq

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Depth

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

During 2018, United States had a large net trade with Iraq in the exports of Vegetable Products ($321M), Transportation ($206M), and Machines ($153M).

During 2018, Iraq had a large net trade with United States in the exports of Mineral Products ($10.6B), Vegetable Products ($456k), and Foodstuffs ($319k).

Trade Forecasts

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This section shows a forecast for total trade between United States and Iraq. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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