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2023
Flag → Flag
Exports $1.3BRnk 66 / 220
2023
Flag → Flag
Top Product $80.4MCars
2023
Flag → Flag
Exports $1.7BRnk 10 / 100
2023
Flag → Flag
Top Product $1.69BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.71Rnk 97 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
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

Germany-Iraq Trade: In 2023, Germany exported $1.3B to Iraq. The main products that Germany exported to Iraq were Cars ($80.4M), Electrical Control Boards ($78.1M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). Over the past 5 years the exports of Germany to Iraq have increased at an annualized rate of 8.75%, from $853M in 2018 to $1.3B in 2023.

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

Iraq-Germany In N/A, Iraq did not export any products to Germany.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €111M and imported €124M from Iraq, resulting in a negative trade balance of €12.6M. Between November 2023 and November 2024 the exports of Germany have increased by €5.98M (5.7%) from €105M to €111M, while imports decreased by €-33.8M (-21.5%) from €157M to €124M.

Trade In November 2024, the top exports of Germany to Iraq were Pumps and compressors (€9.18M), Motor cars and motor caravans (€6.21M), Machinery for electricity production, distribution (€5.69M), Other machinery (€5.16M), and Other articles of iron, iron sheet,... (€4.96M). In November 2024 the top imports of Germany from Iraq were Petroleum oil and petroleum gases (€20M), Returned goods (€180k), Measuring and automatical control instruments (€24k), Bakery products and other cereal preperations (€17k), and Office and automatic data processing machines (€8k).

Origins In November 2024 the exports of Germany were mainly from Hesse (€24.6M), North Rhine-Westphalia (€12.3M), Baden-Württemberg (€9.33M), Bavaria (€8.9M), and Lower Saxony (€8.64M), while imports destinations were mainly North Rhine-Westphalia (€60.7M), Baden-Württemberg (€32.8M), Bavaria (€29.6M), Lower Saxony (€208k), and Hamburg (€72k).

Growth In November 2024, the increase in Germany's year-by-year exports to Iraq was explained primarily by an increase in product exports in Taps, cocks and valves (€3.67M or 554%), Motor cars and motor caravans (€3.24M or 109%), and Machinery for electricity production, distribution (€2.66M or 87.9%). In November 2024, the decrease in Germany's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in Petroleum oil and petroleum gases (€-30.1M or -60.1%), Other end products (€-71k or -98.6%), and Spices (€-7k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€5.98M(5.7%)
IMPORT GROWTH (November 2023 - November 2024)€-33.8M(-21.5%)
MAIN EXPORTER (November 2024)Hesse€24.6M

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

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

For full datasets download visit Bulk Download page.

Explore Iraq and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $1.3B to Iraq. The main products exported from Germany to Iraq were Cars ($80.4M), Electrical Control Boards ($78.1M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). During the last 5 years the exports of Germany to Iraq have increased at an annualized rate of 8.75%, from $853M in 2018 to $1.3B in 2023.

Iraq does not register exports to Germany. The main products exported from Iraq to Germany were Crude Petroleum ($1.69B), Other Processed Fruits and Nuts ($1.04M), and Other Vegetables ($714k).

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Germany than Iraq included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Iraq than Germany included India ($29.8B).

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

Comparative Advantage Germany - Iraq

Flow
Scale

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

During 2023, Germany had a large net trade with Iraq in the exports of Machines ($594M), Chemical Products ($193M), and Transportation ($123M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Iraq+$141MCars
Top Product Potential Iraq Germany+$1.12BCrude 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 Germany and Iraq. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Germany.

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

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