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Pricing

2022
Flag → Flag
Exports $5.44MRnk 37 / 101
2022
Flag → Flag
Top Product $3.9MPetroleum Coke
2022
Flag → Flag
Exports $515MRnk 64 / 224
2022
Flag → Flag
Top Product $82.3MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Iraq-United Kingdom Trade: In 2022, Iraq exported $5.44M to United Kingdom. The main products that Iraq exported to United Kingdom were Petroleum Coke ($3.9M), Flavored Water ($150k), and Gas and Liquid Flow Measuring Instruments ($117k). Over the past 5 years the exports of Iraq to United Kingdom have increased at an annualized rate of 40.3%, from $1M in 2017 to $5.44M in 2022.

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

United Kingdom-Iraq Trade: In 2022, United Kingdom exported $515M to Iraq. The main products that United Kingdom exported to Iraq were Packaged Medicaments ($82.3M), Cars ($45.8M), and Hard Liquor ($43.1M). Over the past 5 years the exports of United Kingdom to Iraq have increased at an annualized rate of 4.4%,  from $416M in 2017 to $515M in 2022.

In 2022, United Kingdom 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 Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $5.44M to United Kingdom. The main products exported from Iraq to United Kingdom were Petroleum Coke ($3.9M), Flavored Water ($150k), and Gas and Liquid Flow Measuring Instruments ($117k). During the last 5 years the exports of Iraq to United Kingdom have increased at an annualized rate of 40.3%, from $1M in 2017 to $5.44M in 2022.

In 2017, United Kingdom exported $515M to Iraq. The main products exported from United Kingdom to Iraq were Packaged Medicaments ($82.3M), Cars ($45.8M), and Hard Liquor ($43.1M). During the last 5 years the exports of United Kingdom to Iraq have increased at an annualized rate of 4.4%, from $416M in 2022 to $515M in 2017.

Exports from Iraq (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Iraq (Flag) (2022)

Latest Data

Trade between Iraq (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Iraq
Top DestinationIndia$38.8B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Iraq than United Kingdom included India ($38.8B), Greece ($6.27B), and South Korea ($8.21B).

In 2022, countries that imported more from United Kingdom than Iraq included United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Iraq (Flag) (2022)

Comparative Advantage Iraq - United Kingdom

Flow
Scale

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

During 2022, Iraq had a large net trade with United Kingdom in the exports of Mineral Products ($3.9M), Foodstuffs ($381k), and Machines ($208k).

During 2017, United Kingdom had a large net trade with Iraq in the exports of Chemical Products ($160M), Machines ($112M), and Foodstuffs ($63.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq United Kingdom+$4.76MPetroleum Coke
Top Product Potential United Kingdom Iraq+$53.8MCars

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

Product Space of Iraq (Flag) and United Kingdom (Flag) (2022)

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