2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC 
$5,565CURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Iraq-Gabon Trade: In 2023, Iraq exported $17.3k to Gabon. The main products that Iraq exported to Gabon were Flavored Water ($14.7k) and Beauty Products ($2.64k). Over the past 11 years the exports of Iraq to Gabon have decreased at an annualized rate of 8.46%, from $45.8k in 2012 to $17.3k in 2023.

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

Gabon-Iraq Trade: In 2023, Gabon exported $2.77M to Iraq. The main products that Gabon exported to Iraq were Sawn Wood ($2.77M). Over the past 11 years the exports of Gabon to Iraq have increased at an annualized rate of 4.25%,  from $2.25M in 2012 to $2.77M in 2023.

In 2023, Gabon 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, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $17.3k to Gabon. The main products exported from Iraq to Gabon were Flavored Water ($14.7k) and Beauty Products ($2.64k). During the last 11 years the exports of Iraq to Gabon have decreased at an annualized rate of 8.46%, from $45.8k in 2012 to $17.3k in 2023.

In 2018, Gabon exported $2.77M to Iraq. The main products exported from Gabon to Iraq were Sawn Wood ($2.77M). During the last 5 years the exports of Gabon to Iraq have increased at an annualized rate of 4.25%, from $2.25M in 2023 to $2.77M in 2018.

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

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

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Gabon
Top Destination
China$2.77B

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

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

In 2023, countries that imported more from Gabon than Iraq included Indonesia ($875M), Israel ($680M), and Republic of the Congo ($574M).

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

Comparative Advantage Iraq - Gabon

Flow
Scale

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

During 2023, Iraq had a large net trade with Gabon in the exports of Foodstuffs ($14.7k) and Chemical Products ($2.64k).

During 2018, Gabon had a large net trade with Iraq in the exports of Wood Products ($2.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Gabon+$3.17kRefined Petroleum
Top Product Potential Gabon Iraq+$4.06kRefined 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

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

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

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