2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Canada-Iraq Trade: In 2023, Canada exported $274M to Iraq. The main products that Canada exported to Iraq were Planes, Helicopters, and/or Spacecraft ($159M), Wheat ($40.3M), and Packaged Medicaments ($19.8M). Over the past 5 years the exports of Canada to Iraq have increased at an annualized rate of 12.3%, from $154M in 2018 to $274M in 2023.

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

Iraq-Canada Trade: In 2023, Iraq exported $575k to Canada. The main products that Iraq exported to Canada were Gas and Liquid Flow Measuring Instruments ($99.6k), Flavored Water ($79k), and Other Oily Seeds ($55.2k). Over the past 5 years the exports of Iraq to Canada have increased at an annualized rate of 11.1%,  from $339k in 2018 to $575k in 2023.

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

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). 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
Value

In 2023, Canada exported $274M to Iraq. The main products exported from Canada to Iraq were Planes, Helicopters, and/or Spacecraft ($159M), Wheat ($40.3M), and Packaged Medicaments ($19.8M). During the last 5 years the exports of Canada to Iraq have increased at an annualized rate of 12.3%, from $154M in 2018 to $274M in 2023.

In 2018, Iraq exported $575k to Canada. The main products exported from Iraq to Canada were Gas and Liquid Flow Measuring Instruments ($99.6k), Flavored Water ($79k), and Other Oily Seeds ($55.2k). During the last 5 years the exports of Iraq to Canada have increased at an annualized rate of 11.1%, from $339k in 2023 to $575k in 2018.

Exports from Canada (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Iraq
Top Destination
China$35.5B

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 2023, countries that imported more from Canada than Iraq included United States ($410B), United Kingdom ($18B), and Japan ($13.4B).

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

Difference in imports from Iraq (Flag) and Canada (Flag) (2023)

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 2023, Canada had a large net trade with Iraq in the exports of Transportation ($169M), Vegetable Products ($40.6M), and Machines ($26.5M).

During 2018, Iraq had a large net trade with Canada in the exports of Foodstuffs ($234k), Vegetable Products ($111k), and Instruments ($100k).

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) (2023)

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