Iraq (IRQ) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Iraq-Indonesia Trade: In 2023, Iraq exported $32.6M to Indonesia. The main products that Iraq exported to Indonesia were Refined Petroleum ($30.1M), Petroleum Coke ($2.38M), and Tropical Fruits ($88k). Over the past 5 years the exports of Iraq to Indonesia have increased at an annualized rate of 193%, from $150k in 2018 to $32.6M in 2023.

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

Indonesia-Iraq Trade: In 2023, Indonesia exported $293M to Iraq. The main products that Indonesia exported to Iraq were Refined Petroleum ($59.7M), Palm Oil ($55.7M), and Wood Charcoal ($46.9M). Over the past 5 years the exports of Indonesia to Iraq have increased at an annualized rate of 16.5%, from $137M in 2018 to $293M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $32.6M to Indonesia. The main products exported from Iraq to Indonesia were Refined Petroleum ($30.1M), Petroleum Coke ($2.38M), and Tropical Fruits ($88k). During the last 5 years the exports of Iraq to Indonesia have increased at an annualized rate of 193%, from $150k in 2018 to $32.6M in 2023.

In 2018, Indonesia exported $293M to Iraq. The main products exported from Indonesia to Iraq were Refined Petroleum ($59.7M), Palm Oil ($55.7M), and Wood Charcoal ($46.9M). During the last 5 years the exports of Indonesia to Iraq have increased at an annualized rate of 16.5%, from $137M in 2023 to $293M in 2018.

Exports from Iraq () to Indonesia () (2023)

Exports from Indonesia () to Iraq () (2023)

Latest Data

Trade between Iraq () and Indonesia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Iraq than Indonesia included India ($29.8B), Greece ($5.68B), and United Arab Emirates ($5.65B).

In 2023, countries that imported more from Indonesia than Iraq included China ($70.7B), Japan ($23.7B), and United States ($27.9B).

Difference in imports from Indonesia () and Iraq () (2023)

Comparative Advantage Iraq - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with Indonesia in the exports of Mineral Products ($32.5M), Vegetable Products ($88.3k), and Textiles ($1.86k).

During 2018, Indonesia had a large net trade with Iraq in the exports of Animal and Vegetable Bi-Products ($67.6M), Wood Products ($60.6M), and Mineral Products ($59.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Indonesia+$121MRefined Petroleum

Top Product Potential Indonesia Iraq+$41.5MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Indonesia () (2023)

Exports from Indonesia () to Iraq () (2023)

Latest Data

Trade between Iraq () and Indonesia ()

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Iraq () (2023)

Comparative Advantage Iraq - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Indonesia () (2023)

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