2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Iraq-Chile Trade: In 2022, Iraq exported $1.09k to Chile. The main products that Iraq exported to Chile were Medical Instruments ($773) and Centrifuges ($316). Over the past 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%, from $7.72k in 2017 to $1.09k in 2022.

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

Chile-Iraq Trade: In 2022, Chile exported $2.76M to Iraq. The main products that Chile exported to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). Over the past 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%,  from $2.52M in 2017 to $2.76M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $1.09k to Chile. The main products exported from Iraq to Chile were Medical Instruments ($773) and Centrifuges ($316). During the last 5 years the exports of Iraq to Chile have decreased at an annualized rate of 32.4%, from $7.72k in 2017 to $1.09k in 2022.

In 2017, Chile exported $2.76M to Iraq. The main products exported from Chile to Iraq were Grapes ($1.66M), Wine ($453k), and Other Nuts ($350k). During the last 5 years the exports of Chile to Iraq have increased at an annualized rate of 1.87%, from $2.52M in 2022 to $2.76M in 2017.

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

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

Latest Data

Trade between Iraq (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Chile
Top Destination
China$38.5B

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 2022, countries that imported more from Iraq than Chile included India ($38.8B), Greece ($6.27B), and Italy ($4.67B).

In 2022, countries that imported more from Chile than Iraq included Japan ($7.43B), Brazil ($4.55B), and China ($38.5B).

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

Comparative Advantage Iraq - Chile

Flow
Scale

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

During 2022, Iraq had a large net trade with Chile in the exports of Instruments ($773) and Machines ($316).

During 2017, Chile had a large net trade with Iraq in the exports of Vegetable Products ($2.06M), Foodstuffs ($453k), and Chemical Products ($159k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Chile+$11.6kCrude Petroleum
Top Product Potential Chile Iraq+N/AN/A

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 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.

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

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