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2023
Flag → Flag
Exports $14.3BRnk 39 / 208
2023
Flag → Flag
Top Product $965MAir Conditioners
2023
Flag → Flag
Exports $35.5BRnk 1 / 100
2023
Flag → Flag
Top Product $35.2BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
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GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$5,565CURRENT US$
Rnk 118 / 196
2013-2023
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GDP PC GROWTH-16.3%CURRENT US$
Rnk 174 / 195

About

China-Iraq Trade: In 2023, China exported $14.3B to Iraq. The main products that China exported to Iraq were Air Conditioners ($965M), Rubber Tires ($497M), and Light Fixtures ($336M). Over the past 5 years the exports of China to Iraq have increased at an annualized rate of 12.6%, from $7.9B in 2018 to $14.3B in 2023.

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

Iraq-China Trade: In 2023, Iraq exported $35.5B to China. The main products that Iraq exported to China were Crude Petroleum ($35.2B), Refined Petroleum ($251M), and Petroleum Coke ($1.77M). Over the past 5 years the exports of Iraq to China have increased at an annualized rate of 9.53%,  from $22.5B in 2018 to $35.5B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $1.67B and imported $2.61B from Iraq, resulting in a negative trade balance of $936M. Between December 2023 and December 2024 the exports of China have increased by $278M (19.9%) from $1.39B to $1.67B, while imports decreased by $-617M (-19.1%) from $3.22B to $2.61B.

Trade In December 2024, the top exports of China to Iraq were Air Conditioners ($170M), Rubber Footwear ($66.7M), Light Fixtures ($49.2M), Other Furniture ($47.9M), and Motor vehicles; parts and accessories (8701... ($39.2M). In December 2024 the top imports of China from Iraq were Crude Petroleum ($2.96B), Refined Petroleum ($82.4M), Tropical Fruits ($739k), Refined Copper ($319k), and Raw Copper ($203k).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($534M), Guangdong Province ($241M), Shandong Province ($159M), Jiangsu Province ($152M), and Guangxi Zhuang Autonomous Region ($60.6M), while imports destinations were mainly Beijing ($1.74B), Zhejiang Province ($406M), Fujian Province ($147M), Jiangsu Province ($146M), and Liaoning Province ($123M).

Growth In December 2024, the increase in China's year-by-year exports to Iraq was explained primarily by an increase in product exports in Air Conditioners ($76.9M or 82.7%), Rubber Footwear ($23.8M or 55.4%), and Processed Tomatoes ($18.1M or 115%). In December 2024, the decrease in China's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in Petroleum Coke ($-121k or -94%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$278M(19.9%)
IMPORT GROWTH (December 2023 - December 2024)$-617M(-19.1%)
MAIN EXPORTER (December 2024)Zhejiang Province$534M

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

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

For full datasets download visit Bulk Download page.

Explore Iraq and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $14.3B to Iraq. The main products exported from China to Iraq were Air Conditioners ($965M), Rubber Tires ($497M), and Light Fixtures ($336M). During the last 5 years the exports of China to Iraq have increased at an annualized rate of 12.6%, from $7.9B in 2018 to $14.3B in 2023.

In 2018, Iraq exported $35.5B to China. The main products exported from Iraq to China were Crude Petroleum ($35.2B), Refined Petroleum ($251M), and Petroleum Coke ($1.77M). During the last 5 years the exports of Iraq to China have increased at an annualized rate of 9.53%, from $22.5B in 2023 to $35.5B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from China than Iraq included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Iraq than from China.

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

Comparative Advantage China - Iraq

Flow
Scale

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

During 2023, China had a large net trade with Iraq in the exports of Machines ($4.43B), Metals ($2.12B), and Textiles ($1.95B).

During 2018, Iraq had a large net trade with China in the exports of Mineral Products ($35.5B), Chemical Products ($831k), and Vegetable Products ($601k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Iraq+$309MTelephones
Top Product Potential Iraq China+$2.35BCrude 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 China and Iraq. This means that a dot/product with the flag of China indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over China.

Product Space of China (Flag) and Iraq (Flag) (2023)

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