2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 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
$6,173CURRENT US$
Rnk 112 / 196
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195

About

In N/A, Iraq did not export any services to Libya.

Libya-Iraq In false, Libya did not export any products to Iraq.

In N/A, Libya 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, Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Iraq does not register exports to Libya.

Libya does not register exports to Iraq.

Exports from Iraq (Flag) to Libya (Flag) (2014)

Exports from Libya (Flag) to Iraq (Flag) (2014)

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Libya
Top Destination
Italy$7.96B

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

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

In 2023, countries that imported more from Libya than Iraq included Italy ($7.96B), Germany ($5.16B), and United Kingdom ($1.59B).

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

Comparative Advantage Iraq - Libya

Flow
Scale
Year

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Libya+$8.36kRefined Petroleum
Top Product Potential Libya Iraq+$5.61kRefined 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 Libya. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Iraq.

Product Space of Iraq (Flag) and Libya (Flag) (2014)

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