2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 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

Chile-Iraq Trade: In 2022, Chile exported $2.76M to Iraq. The main products that Chile exported to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). Over the past 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%, from $2.52M in 2017 to $2.76M in 2022.

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

Iraq-Chile Trade: In 2022, Iraq exported $1.09k to Chile. The main products that Iraq exported to Chile were Medical Instruments ($773) and Centrifuges ($316). Over the past 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%,  from $7.72k in 2017 to $1.09k in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $2.76M to Iraq. The main products exported from Chile to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). During the last 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%, from $2.52M in 2017 to $2.76M in 2022.

In 2017, Iraq exported $1.09k to Chile. The main products exported from Iraq to Chile were Medical Instruments ($773) and Centrifuges ($316). During the last 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%, from $7.72k in 2022 to $1.09k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Chile than Iraq included Japan ($7.43B), Brazil ($4.55B), and China ($38.5B).

In 2022, countries that imported more from Iraq than Chile included India ($38.8B), Greece ($6.27B), and Italy ($4.67B).

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

Comparative Advantage Chile - Iraq

Flow
Scale

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

During 2022, Chile had a large net trade with Iraq in the exports of Vegetable Products ($2.06M), Foodstuffs ($453k), and Chemical Products ($159k).

During 2017, Iraq had a large net trade with Chile in the exports of Instruments ($773) and Machines ($316).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Iraq+$693kOther Nuts
Top Product Potential Iraq Chile+$11.6kCrude 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 Chile and Iraq. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Chile.

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

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