2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Iraq-Netherlands Trade: In 2023, Iraq exported $5.26B to Netherlands. The main products that Iraq exported to Netherlands were Crude Petroleum ($5.16B), Refined Petroleum ($44M), and Planes, Helicopters, and/or Spacecraft ($33.7M). Over the past 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 14.6%, from $2.66B in 2018 to $5.26B in 2023.

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

Netherlands-Iraq Trade: In 2023, Netherlands exported $682M to Iraq. The main products that Netherlands exported to Iraq were Refined Petroleum ($56.2M), Packaged Medicaments ($43.1M), and Malt Extract ($39.3M). Over the past 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 0.51%,  from $665M in 2018 to $682M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $5.26B to Netherlands. The main products exported from Iraq to Netherlands were Crude Petroleum ($5.16B), Refined Petroleum ($44M), and Planes, Helicopters, and/or Spacecraft ($33.7M). During the last 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 14.6%, from $2.66B in 2018 to $5.26B in 2023.

In 2018, Netherlands exported $682M to Iraq. The main products exported from Netherlands to Iraq were Refined Petroleum ($56.2M), Packaged Medicaments ($43.1M), and Malt Extract ($39.3M). During the last 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 0.51%, from $665M in 2023 to $682M in 2018.

Exports from Iraq (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Iraq (Flag) (2023)

Latest Data

Trade between Iraq (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Iraq than Netherlands included India ($29.8B), China ($35.5B), and United Arab Emirates ($5.65B).

In 2023, countries that imported more from Netherlands than Iraq included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Iraq - Netherlands

Flow
Scale

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

During 2023, Iraq had a large net trade with Netherlands in the exports of Mineral Products ($5.2B), Transportation ($38.4M), and Machines ($8.45M).

During 2018, Netherlands had a large net trade with Iraq in the exports of Machines ($185M), Foodstuffs ($92.7M), and Chemical Products ($81.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Netherlands+$840MCrude Petroleum
Top Product Potential Netherlands Iraq+$103MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Iraq (Flag) and Netherlands (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with