2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-Iraq Trade: In 2022, Canada exported $146M to Iraq. The main products that Canada exported to Iraq were Planes, Helicopters, and/or Spacecraft ($47.6M), Wheat ($21.5M), and Packaged Medicaments ($19.4M). Over the past 5 years the exports of Canada to Iraq have increased at an annualized rate of 22.5%, from $52.8M in 2017 to $146M in 2022.

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

Iraq-Canada Trade: In 2022, Iraq exported $383k to Canada. The main products that Iraq exported to Canada were Flavored Water ($71.7k), Other Nuts ($60.9k), and Pens ($33.3k). Over the past 5 years the exports of Iraq to Canada have decreased at an annualized rate of 62%,  from $48.3M in 2017 to $383k in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $146M to Iraq. The main products exported from Canada to Iraq were Planes, Helicopters, and/or Spacecraft ($47.6M), Wheat ($21.5M), and Packaged Medicaments ($19.4M). During the last 5 years the exports of Canada to Iraq have increased at an annualized rate of 22.5%, from $52.8M in 2017 to $146M in 2022.

In 2017, Iraq exported $383k to Canada. The main products exported from Iraq to Canada were Flavored Water ($71.7k), Other Nuts ($60.9k), and Pens ($33.3k). During the last 5 years the exports of Iraq to Canada have decreased at an annualized rate of 62%, from $48.3M in 2022 to $383k in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Canada than Iraq included United States ($438B), Japan ($14.3B), and United Kingdom ($12.9B).

In 2022, countries that imported more from Iraq than Canada included India ($38.8B), China ($34B), and Greece ($6.27B).

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

Comparative Advantage Canada - Iraq

Flow
Scale

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

During 2022, Canada had a large net trade with Iraq in the exports of Transportation ($58M), Chemical Products ($22.8M), and Vegetable Products ($21.5M).

During 2017, Iraq had a large net trade with Canada in the exports of Foodstuffs ($169k), Vegetable Products ($106k), and Machines ($46.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Iraq+$18.6MCars
Top Product Potential Iraq Canada+$197kFlavored Water

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 Canada and Iraq. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Canada.

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

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