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2022
Flag → Flag
Exports $1.15BRnk 72 / 223
2022
Flag → Flag
Top Product $119MCars
2022
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Exports $2.01BRnk 10 / 101
2022
Flag → Flag
Top Product $2BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
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GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
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GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Germany-Iraq Trade: In 2022, Germany exported $1.15B to Iraq. The main products that Germany exported to Iraq were Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). Over the past 5 years the exports of Germany to Iraq have increased at an annualized rate of 9.14%, from $742M in 2017 to $1.15B in 2022.

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

Iraq-Germany Trade: In 2022, Iraq exported $2.01B to Germany. The main products that Iraq exported to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). Over the past 5 years the exports of Iraq to Germany have increased at an annualized rate of 15.7%,  from $969M in 2017 to $2.01B in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €87.2M and imported €175M from Iraq, resulting in a negative trade balance of €88M. Between July 2023 and July 2024 the exports of Germany have decreased by €-14.5M (-14.3%) from €102M to €87.2M, while imports increased by €70.8M (67.8%) from €104M to €175M.

Trade In July 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 July 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 July 2024 the exports of Germany were mainly from Baden-Württemberg (€12M), North Rhine-Westphalia (€11.8M), Bavaria (€7.96M), Lower Saxony (€7.17M), and Hesse (€7M), while imports destinations were mainly Bavaria (€55.7M), Saxony-Anhalt (€48.7M), Baden-Württemberg (€37.4M), North Rhine-Westphalia (€33.1M), and Lower Saxony (€122k).

Growth In July 2024, the decrease in Germany's year-by-year exports to Iraq was explained primarily by an decrease in product exports in Pumps and compressors (€-4.38M or -32.3%), Other electric machinery, apparatus and appliances (€-4.15M or -58.9%), and Engines (excl. for tractor,aircraft, road vehicle) (€-3.09M or -69.4%). In July 2024, the increase in Germany's year-by-year imports  from Iraq was explained primarily by an increase in product imports  in Returned goods (€71k or 65.1%), Measuring and automatical control instruments (€18k or 300%), and Telecommunication devices and apparatus (€1k or 50%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€-14.5M(-14.3%)
IMPORT GROWTH (July 2023 - July 2024)€70.8M(67.8%)
MAIN EXPORTER (July 2024)Baden-Württemberg€12M

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 2022, Germany exported $1.15B to Iraq. The main products exported from Germany to Iraq were Cars ($119M), Other Agricultural Machinery ($63.8M), and Packaged Medicaments ($51.7M). During the last 5 years the exports of Germany to Iraq have increased at an annualized rate of 9.14%, from $742M in 2017 to $1.15B in 2022.

In 2017, Iraq exported $2.01B to Germany. The main products exported from Iraq to Germany were Crude Petroleum ($2B), Non-Iron and Steel Slag, Ash and Residues ($1.57M), and Other Processed Fruits and Nuts ($934k). During the last 5 years the exports of Iraq to Germany have increased at an annualized rate of 15.7%, from $969M in 2022 to $2.01B in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Iraq
Top DestinationIndia$38.8B

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 2022, countries that imported more from Germany than Iraq included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Iraq than Germany included India ($38.8B) and Brunei ($174M).

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

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 2022, Germany had a large net trade with Iraq in the exports of Machines ($484M), Transportation ($158M), and Chemical Products ($152M).

During 2017, Iraq had a large net trade with Germany in the exports of Mineral Products ($2B), Foodstuffs ($1.38M), and Vegetable Products ($552k).

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) (2022)

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