Micronesia (FSM) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

About

In N/A, Micronesia did not export any services to Iraq.

Iraq-Micronesia Trade: In N/A, Iraq exported $619 to Micronesia. The main products that Iraq exported to Micronesia were N/A. Over the past N/A years the exports of Iraq to Micronesia have decreased at an annualized rate of 61.8%, from $76k in N/A to $619 in N/A.

In N/A, Iraq did not export any services to Micronesia.

Comparison In 2023, Micronesia ranked 188 in total exports ($190M), and does not have data regarding Economic Complexity Index. That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

2008

2003

Micronesia does not register exports to Iraq.

In 2003, Iraq exported $619 to Micronesia. There were not main exports from Iraq to Micronesia in 2003. During the last 5 years the exports of Iraq to Micronesia have decreased at an annualized rate of 61.8%, from $76k in 2008 to $619 in 2003.

Exports from Micronesia () to Iraq () (2008)

Exports from Iraq () to Micronesia () (2008)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$121M

Iraq
Top DestinationChina$35.5B

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

In 2023, countries that imported more from Micronesia than Iraq included Thailand ($121M), Ecuador ($2.52M), and Botswana ($1.01M).

In 2023, countries that imported more from Iraq than Micronesia included China ($35.5B), India ($29.8B), and United States ($8.92B).

Difference in imports from Iraq () and Micronesia () (2023)

Comparative Advantage Micronesia - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2008

2003

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

During 2003, Iraq had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

Year

2008

2003

This visualization shows the product space at the HS4 level with the flags of Micronesia and Iraq. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Micronesia.

About

Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Iraq () (2008)

Exports from Iraq () to Micronesia () (2008)

Market Competitiveness

Difference in imports from Iraq () and Micronesia () (2023)

Comparative Advantage Micronesia - Iraq

Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Iraq () (2008)

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