Argentina (ARG) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Argentina-Iraq Trade: In 2023, Argentina exported $116M to Iraq. The main products that Argentina exported to Iraq were Soybean Meal ($96.8M), Rice ($15.4M), and Other Processed Fruits and Nuts ($1.7M). Over the past 5 years the exports of Argentina to Iraq have decreased at an annualized rate of 9.55%, from $192M in 2018 to $116M in 2023.

In 2023, Argentina did not export any services to Iraq.

Iraq-Argentina Trade: In 2023, Iraq exported $147k to Argentina. The main products that Iraq exported to Argentina were Stearic Acid ($142k), Knit Babies' Garments ($4.65k), and Chemical Analysis Instruments ($682). Over the past 5 years the exports of Iraq to Argentina have decreased at an annualized rate of 23.8%, from $571k in 2018 to $147k in 2023.

In 2023, Iraq did not export any services to Argentina.

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $116M to Iraq. The main products exported from Argentina to Iraq were Soybean Meal ($96.8M), Rice ($15.4M), and Other Processed Fruits and Nuts ($1.7M). During the last 5 years the exports of Argentina to Iraq have decreased at an annualized rate of 9.55%, from $192M in 2018 to $116M in 2023.

In 2018, Iraq exported $147k to Argentina. The main products exported from Iraq to Argentina were Stearic Acid ($142k), Knit Babies' Garments ($4.65k), and Chemical Analysis Instruments ($682). During the last 5 years the exports of Iraq to Argentina have decreased at an annualized rate of 23.8%, from $571k in 2023 to $147k in 2018.

Exports from Argentina () to Iraq () (2023)

Exports from Iraq () to Argentina () (2023)

Latest Data

Trade between Argentina () and Iraq ()

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Argentina than Iraq included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Iraq than Argentina included China ($35.5B), India ($29.8B), and Greece ($5.68B).

Difference in imports from Iraq () and Argentina () (2023)

Comparative Advantage Argentina - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Iraq in the exports of Foodstuffs ($98.5M), Vegetable Products ($16.8M), and Chemical Products ($1.1M).

During 2018, Iraq had a large net trade with Argentina in the exports of Animal and Vegetable Bi-Products ($142k), Textiles ($4.65k), and Instruments ($682).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Iraq+$6.3kRefined Petroleum

Top Product Potential Iraq Argentina+$8.69kRefined 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 Argentina and Iraq. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Argentina.

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Iraq () (2023)

Exports from Iraq () to Argentina () (2023)

Latest Data

Trade between Argentina () and Iraq ()

Argentina Exports

Market Competitiveness

Difference in imports from Iraq () and Argentina () (2023)

Comparative Advantage Argentina - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and Iraq () (2023)

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