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2022
Flag → Flag
Exports $615MRnk 58 / 223
2022
Flag → Flag
Top Product $284MRaw Sugar
2022
Flag → Flag
Exports $625kRnk 44 / 101
2022
Flag → Flag
Top Product $512kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
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GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Brazil-Iraq Trade: In 2022, Brazil exported $615M to Iraq. The main products that Brazil exported to Iraq were Raw Sugar ($284M), Poultry Meat ($125M), and Bovine ($61M). Over the past 5 years the exports of Brazil to Iraq have decreased at an annualized rate of 5.39%, from $811M in 2017 to $615M in 2022.

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

Iraq-Brazil Trade: In 2022, Iraq exported $625k to Brazil. The main products that Iraq exported to Brazil were Refined Petroleum ($512k), Petroleum Coke ($92.8k), and Asphalt Mixtures ($15.7k). Over the past 5 years the exports of Iraq to Brazil have decreased at an annualized rate of 64.8%,  from $116M in 2017 to $625k in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $247M and imported $52k from Iraq, resulting in a positive trade balance of $247M. Between October 2023 and October 2024 the exports of Brazil have increased by $163M (195%) from $84M to $247M, while imports decreased by $-158k (-75.3%) from $210k to $52k.

Trade In October 2024, the top exports of Brazil to Iraq were Poultry Meat ($30.5M), Raw Sugar ($2.2M), Frozen Bovine Meat ($734k), Hair Products ($390k), and Large Construction Vehicles ($312k). In October 2024 the top imports of Brazil from Iraq were Petroleum Coke ($4.78k).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($82.3M), Paraná ($33.4M), Pará ($29.4M), Rio Grande do Sul ($24.5M), and Mato Grosso ($18.2M), while imports destinations were mainly Tocantins ($52k).

Growth In October 2024, the increase in Brazil's year-by-year exports to Iraq was explained primarily by an increase in product exports in Poultry Meat ($25.1M or 462%), Large Construction Vehicles ($150k or 92.3%), and Frozen Bovine Meat ($93.7k or 14.6%). In October 2024, the decrease in Brazil's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$163M(195%)
IMPORT GROWTH (October 2023 - October 2024)$-158k(-75.3%)
MAIN EXPORTER (October 2024)São Paulo$82.3M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Iraq and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iraq and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $615M to Iraq. The main products exported from Brazil to Iraq were Raw Sugar ($284M), Poultry Meat ($125M), and Bovine ($61M). During the last 5 years the exports of Brazil to Iraq have decreased at an annualized rate of 5.39%, from $811M in 2017 to $615M in 2022.

In 2017, Iraq exported $625k to Brazil. The main products exported from Iraq to Brazil were Refined Petroleum ($512k), Petroleum Coke ($92.8k), and Asphalt Mixtures ($15.7k). During the last 5 years the exports of Iraq to Brazil have decreased at an annualized rate of 64.8%, from $116M in 2022 to $625k in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Brazil than Iraq included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Iraq than Brazil included India ($38.8B), Greece ($6.27B), and South Korea ($8.21B).

Difference in imports from Iraq (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Iraq

Flow
Scale

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

During 2022, Brazil had a large net trade with Iraq in the exports of Foodstuffs ($307M), Animal Products ($189M), and Animal and Vegetable Bi-Products ($49M).

During 2017, Iraq had a large net trade with Brazil in the exports of Mineral Products ($620k) and Plastics and Rubbers ($5.17k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Iraq+$15.8MCorn
Top Product Potential Iraq Brazil+$4.47MRefined 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 Brazil and Iraq. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Brazil.

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

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