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Pricing

2022
Flag → Flag
Exports $182MRnk 90 / 218
2022
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Top Product $30.1MPackaged Medicaments
2022
Flag → Flag
Exports $3.08BRnk 9 / 101
2022
Flag → Flag
Top Product $3.02BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.99Rnk 104 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Iraq In 2022, Spain exported $182M to Iraq. The main products that Spain exported to Iraq are Packaged Medicaments ($30.1M), Unglazed Ceramics ($23M), and Olive Oil ($8.5M). During the last 25 years the exports of Spain to Iraq have increased at an annualized rate of 15.1%, from $5.38M in 1997 to $182M in 2022.

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

Iraq-Spain In 2022, Iraq exported $3.08B to Spain. The main products that Iraq exported to Spain were Crude Petroleum ($3.02B), Refined Petroleum ($53.4M), and Stearic Acid ($1.14M). During the last 25 years the exports of Iraq to Spain have increased at an annualized rate of 8.68%, from $384M in 1997 to $3.08B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €20.6M and imported €150k from Iraq, resulting in a positive trade balance of €20.4M. Between January 2023 and January 2024 the exports of Spain have increased by €12.6M (156%) from €8.03M to €20.6M, while imports decreased by €-62.3M (-99.8%) from €62.4M to €150k.

Trade In January 2024, the top exports of Spain to Iraq were Olive Oil (€1.08M), Other Iron Products (€1.06M), Unglazed Ceramics (€903k), Packaged Medicaments (€417k), and Malt Extract (€409k). In January 2024 the top imports of Spain from Iraq were Crude Petroleum (€62.1M), Industrial Fatty Acids, Oils and Alcohols (€261k), Aircraft parts including unmanned craft (€3.92k), Low-voltage Protection Equipment (€2.12k), and Clays (€250).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€5.83M), Madrid (€3.04M), Zaragoza (€2.82M), Sevilla (€1.7M), and Castellón (€1.42M), while imports destinations were mainly Huelva (€149k), Asturias (€374), Málaga (€218), and Madrid (€47).

Growth In January 2024, the increase in Spain's year-by-year exports to Iraq was explained primarily by an increase in product exports in Other Iron Products (€1.05M or 56.4k%), Olive Oil (€835k or 342%), and Orthopedic Appliances (€153k or 12.1k%). In January 2024, the decrease in Spain's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in Crude Petroleum (€-86.4M or -58.2%) and Nucleic Acids (€-67.7 or -57%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€12.6M(156%)
IMPORT GROWTH (January 2023 - January 2024)€-62.3M(-99.8%)
MAIN EXPORTER (January 2024)Barcelona€5.83M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $182M to Iraq. The main products exported from Spain to Iraq were Packaged Medicaments ($30.1M), Unglazed Ceramics ($23M), and Olive Oil ($8.5M). During the last 25 years the exports of Spain to Iraq have increased at an annualized rate of 15.1%, from $5.38M in 1997 to $182M in 2022.

In 2022, Iraq exported $3.08B to Spain. The main products exported from Iraq to Spain were Crude Petroleum ($3.02B), Refined Petroleum ($53.4M), and Stearic Acid ($1.14M). During the last 25 years the exports of Iraq to Spain have increased at an annualized rate of 8.68%, from $384M in 1997 to $3.08B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Iraq
Top DestinationIndia$38.8B

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

In 2021, countries that imported more from Spain than Iraq were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Iraq than Spain were India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Spain - Iraq

Flow
Scale

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

During 2022, Spain had a large net trade with Iraq in the exports of Chemical Products ($47.8M), Machines ($36.7M), and Stone And Glass ($25.6M).

During 2022, Iraq had a large net trade with Spain in the exports of Mineral Products ($3.07B), Animal and Vegetable Bi-Products ($1.14M), and Foodstuffs ($928k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over Spain.

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

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