Iraq-Italy Trade: In 2022, Iraq exported $4.67B to Italy. The main products that Iraq exported to Italy were Crude Petroleum ($4.66B), Tanned Equine and Bovine Hides ($1.53M), and Tanned Sheep Hides ($1.09M). Over the past 5 years the exports of Iraq to Italy have increased at an annualized rate of 10.3%, from $2.86B in 2017 to $4.67B in 2022.
In 2022, Iraq did not export any services to Italy.
Italy-Iraq Trade: In 2022, Italy exported $806M to Iraq. The main products that Italy exported to Iraq were Gas Turbines ($73.5M), Valves ($45M), and Other Agricultural Machinery ($43.4M). Over the past 5 years the exports of Italy to Iraq have increased at an annualized rate of 4.72%, from $640M in 2017 to $806M in 2022.
In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).