2023
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GDP
$251BCURRENT US$
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2013-2023
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GDP GROWTH
6.91%CURRENT US$
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2023
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 GDP
$164BCURRENT US$
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2013-2023
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GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
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GDP PC 
$5,565CURRENT US$
Rnk 118 / 195
2013-2023
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GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195
2023
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GDP PC
$1,272CURRENT US$
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2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Iraq-Ethiopia Trade: In 2023, Iraq exported $17.8M to Ethiopia. The main products that Iraq exported to Ethiopia were Petroleum Coke ($9.87M), Amino-resins ($2.72M), and Bitumen and asphalt ($2.5M). Over the past 5 years the exports of Iraq to Ethiopia have increased at an annualized rate of 39.9%, from $3.32M in 2018 to $17.8M in 2023.

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

Ethiopia-Iraq Trade: In 2023, Ethiopia exported $792k to Iraq. The main products that Ethiopia exported to Iraq were Spices ($437k), Scrap Plastic ($181k), and Other Oily Seeds ($102k). Over the past 5 years the exports of Ethiopia to Iraq have increased at an annualized rate of 4.19%,  from $645k in 2018 to $792k in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $17.8M to Ethiopia. The main products exported from Iraq to Ethiopia were Petroleum Coke ($9.87M), Amino-resins ($2.72M), and Bitumen and asphalt ($2.5M). During the last 5 years the exports of Iraq to Ethiopia have increased at an annualized rate of 39.9%, from $3.32M in 2018 to $17.8M in 2023.

In 2018, Ethiopia exported $792k to Iraq. The main products exported from Ethiopia to Iraq were Spices ($437k), Scrap Plastic ($181k), and Other Oily Seeds ($102k). During the last 5 years the exports of Ethiopia to Iraq have increased at an annualized rate of 4.19%, from $645k in 2023 to $792k in 2018.

Exports from Iraq (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Iraq (Flag) (2023)

Latest Data

Trade between Iraq (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Ethiopia
Top Destination
United States$487M

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

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

In 2023, countries that imported more from Ethiopia than Iraq included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

Difference in imports from Ethiopia (Flag) and Iraq (Flag) (2023)

Comparative Advantage Iraq - Ethiopia

Flow
Scale

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

During 2023, Iraq had a large net trade with Ethiopia in the exports of Mineral Products ($14.3M), Plastics and Rubbers ($2.72M), and Chemical Products ($673k).

During 2018, Ethiopia had a large net trade with Iraq in the exports of Vegetable Products ($570k), Plastics and Rubbers ($221k), and Precious Metals ($329).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Ethiopia+$931kRefined Petroleum
Top Product Potential Ethiopia Iraq+$280kCoffee

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

Product Space of Iraq (Flag) and Ethiopia (Flag) (2023)

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