Iraq (IRQ) and Chile (CHL) Trade | The Observatory of Economic Complexity

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Iraq-Chile Trade: In 2023, Iraq exported $44.5k to Chile. The main products that Iraq exported to Chile were Liquid Pumps ($22.4k), Tropical Fruits ($21.5k), and Valves ($480). Over the past 5 years the exports of Iraq to Chile have increased at an annualized rate of 123%, from $805 in 2018 to $44.5k in 2023.

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

Chile-Iraq Trade: In 2023, Chile exported $3.48M to Iraq. The main products that Chile exported to Iraq were Grapes ($2.87M), Wine ($243k), and Packaged Medicaments ($158k). Over the past 5 years the exports of Chile to Iraq have increased at an annualized rate of 2.57%, from $3.07M in 2018 to $3.48M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $44.5k to Chile. The main products exported from Iraq to Chile were Liquid Pumps ($22.4k), Tropical Fruits ($21.5k), and Valves ($480). During the last 5 years the exports of Iraq to Chile have increased at an annualized rate of 123%, from $805 in 2018 to $44.5k in 2023.

In 2018, Chile exported $3.48M to Iraq. The main products exported from Chile to Iraq were Grapes ($2.87M), Wine ($243k), and Packaged Medicaments ($158k). During the last 5 years the exports of Chile to Iraq have increased at an annualized rate of 2.57%, from $3.07M in 2023 to $3.48M in 2018.

Exports from Iraq () to Chile () (2023)

Exports from Chile () to Iraq () (2023)

Latest Data

Trade between Iraq () and Chile ()

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Iraq than Chile included India ($29.8B), Greece ($5.68B), and United Arab Emirates ($5.65B).

In 2023, countries that imported more from Chile than Iraq included Japan ($7.1B), United States ($15.7B), and South Korea ($6.02B).

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

Comparative Advantage Iraq - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with Chile in the exports of Machines ($22.9k), Vegetable Products ($21.5k), and Footwear and Headwear ($91).

During 2018, Chile had a large net trade with Iraq in the exports of Vegetable Products ($2.97M), Foodstuffs ($243k), and Chemical Products ($158k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Chile+$11.6kCrude Petroleum

Top Product Potential Chile Iraq+$693kOther Nuts

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Chile () (2023)

Exports from Chile () to Iraq () (2023)

Latest Data

Trade between Iraq () and Chile ()

Chile Exports

Market Competitiveness

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

Comparative Advantage Iraq - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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