2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$508BCURRENT US$
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2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Iraq-United Arab Emirates Trade: In 2022, Iraq exported $3.27B to United Arab Emirates. The main products that Iraq exported to United Arab Emirates were Refined Petroleum ($2.26B), Gold ($701M), and Petroleum Coke ($148M). Over the past 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 36.4%, from $693M in 2017 to $3.27B in 2022.

In 2022, Iraq did not export any services to United Arab Emirates.

United Arab Emirates-Iraq Trade: In 2022, United Arab Emirates exported $21.2B to Iraq. The main products that United Arab Emirates exported to Iraq were Refined Petroleum ($5.29B), Broadcasting Equipment ($3.52B), and Cars ($1.85B). Over the past 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.7%,  from $10.7B in 2017 to $21.2B in 2022.

In 2022, United Arab Emirates did not export any services to Iraq.

Comparison: In 2022,  Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $3.27B to United Arab Emirates. The main products exported from Iraq to United Arab Emirates were Refined Petroleum ($2.26B), Gold ($701M), and Petroleum Coke ($148M). During the last 5 years the exports of Iraq to United Arab Emirates have increased at an annualized rate of 36.4%, from $693M in 2017 to $3.27B in 2022.

In 2017, United Arab Emirates exported $21.2B to Iraq. The main products exported from United Arab Emirates to Iraq were Refined Petroleum ($5.29B), Broadcasting Equipment ($3.52B), and Cars ($1.85B). During the last 5 years the exports of United Arab Emirates to Iraq have increased at an annualized rate of 14.7%, from $10.7B in 2022 to $21.2B in 2017.

Exports from Iraq (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Iraq (Flag) (2022)

Latest Data

Trade between Iraq (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Iraq than United Arab Emirates included Greece ($6.27B), United States ($10.3B), and Italy ($4.67B).

In 2022, countries that imported more from United Arab Emirates than Iraq included Japan ($40.9B), Saudi Arabia ($27.8B), and Thailand ($16.3B).

Difference in imports from United Arab Emirates (Flag) and Iraq (Flag) (2022)

Comparative Advantage Iraq - United Arab Emirates

Flow
Scale

This chart compares trade between Iraq and United Arab Emirates by product, considering products traded by both, Iraq and United Arab Emirates.

During 2022, Iraq had a large net trade with United Arab Emirates in the exports of Mineral Products ($2.51B), Precious Metals ($707M), and Metals ($16.5M).

During 2017, United Arab Emirates had a large net trade with Iraq in the exports of Machines ($6.51B), Mineral Products ($5.36B), and Transportation ($2.59B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq United Arab Emirates+$101MCrude Petroleum
Top Product Potential United Arab Emirates Iraq+$4.62MOther Furniture

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 Iraq and United Arab Emirates. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Iraq.

Product Space of Iraq (Flag) and United Arab Emirates (Flag) (2022)

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