2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 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
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Iraq-Guinea Trade: In 2013, Iraq exported $5.76k to Guinea. The main products that Iraq exported to Guinea were N/A. Over the past 13 years the exports of Iraq to Guinea have decreased at an annualized rate of 13.5%, from $37.9k in 2000 to $5.76k in 2013.

In 2013, Iraq did not export any services to Guinea.

Guinea-Iraq In N/A, Guinea did not export any products to Iraq.

In 2013, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Iraq exported $5.76k to Guinea. There were not main exports from Iraq to Guinea in 2013. During the last 13 years the exports of Iraq to Guinea have decreased at an annualized rate of 13.5%, from $37.9k in 2000 to $5.76k in 2013.

Guinea does not register exports to Iraq.

Exports from Iraq (Flag) to Guinea (Flag) (2013)

Exports from Guinea (Flag) to Iraq (Flag) (2013)

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Guinea
Top Destination
United Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Iraq included United Arab Emirates ($9.05B), Switzerland ($241M), and Ireland ($99M).

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

Comparative Advantage Iraq - Guinea

Flow
Scale

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

During 2013, Iraq had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Guinea+$5.15kRefined Petroleum
Top Product Potential Guinea Iraq+$6.06kGold

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

Product Space of Iraq (Flag) and Guinea (Flag) (2013)

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