Iraq (IRQ) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Iraq-Angola Trade: In 2023, Iraq exported $913 to Angola. The main products that Iraq exported to Angola were Iron Pipe Fittings ($913). Over the past 5 years the exports of Iraq to Angola have decreased at an annualized rate of 18.2%, from $2.49k in 2018 to $913 in 2023.

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

Angola-Iraq Trade: In 2023, Angola exported $1.73k to Iraq. The main products that Angola exported to Iraq were Electrical Ignitions ($1.01k), Machinery Having Individual Functions ($633), and Valves ($89). Over the past 5 years the exports of Angola to Iraq have decreased at an annualized rate of 63.8%, from $277k in 2018 to $1.73k in 2023.

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

Comparison: In 2023, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $913 to Angola. The main products exported from Iraq to Angola were Iron Pipe Fittings ($913). During the last 5 years the exports of Iraq to Angola have decreased at an annualized rate of 18.2%, from $2.49k in 2018 to $913 in 2023.

In 2018, Angola exported $1.73k to Iraq. The main products exported from Angola to Iraq were Electrical Ignitions ($1.01k), Machinery Having Individual Functions ($633), and Valves ($89). During the last 5 years the exports of Angola to Iraq have decreased at an annualized rate of 63.8%, from $277k in 2023 to $1.73k in 2018.

Exports from Iraq () to Angola () (2023)

Exports from Angola () to Iraq () (2023)

Latest Data

Trade between Iraq () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Angola
Top DestinationChina$17.1B

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

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

In 2023, countries that imported more from Angola than Iraq included Republic of the Congo ($1.24B), Indonesia ($1.07B), and Belgium ($1.04B).

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

Comparative Advantage Iraq - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with Angola in the exports of Metals ($913).

During 2018, Angola had a large net trade with Iraq in the exports of Machines ($1.73k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Angola+$6.64kRefined Petroleum

Top Product Potential Angola Iraq+$5.71kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Angola () (2023)

Exports from Angola () to Iraq () (2023)

Latest Data

Trade between Iraq () and Angola ()

Angola Exports

Market Competitiveness

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

Comparative Advantage Iraq - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Angola () (2023)

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