Iraq (IRQ) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Iraq-Norway Trade: In 2022, Iraq exported $148k to Norway. The main products that Iraq exported to Norway were Jewellery ($88.3k), Paintings ($36.6k), and Air Pumps ($6.8k). Over the past 5 years the exports of Iraq to Norway have increased at an annualized rate of 16.5%, from $69.2k in 2017 to $148k in 2022.

In 2022, Iraq did not export any services to Norway.

Norway-Iraq Trade: In 2022, Norway exported $8.64M to Iraq. The main products that Norway exported to Iraq were Electric Generating Sets ($4.49M), Surveying Equipment ($1.5M), and Special purpose motor vehicles ($672k). Over the past 5 years the exports of Norway to Iraq have decreased at an annualized rate of 16.6%, from $25.7M in 2017 to $8.64M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $148k to Norway. The main products exported from Iraq to Norway were Jewellery ($88.3k), Paintings ($36.6k), and Air Pumps ($6.8k). During the last 5 years the exports of Iraq to Norway have increased at an annualized rate of 16.5%, from $69.2k in 2017 to $148k in 2022.

In 2017, Norway exported $8.64M to Iraq. The main products exported from Norway to Iraq were Electric Generating Sets ($4.49M), Surveying Equipment ($1.5M), and Special purpose motor vehicles ($672k). During the last 5 years the exports of Norway to Iraq have decreased at an annualized rate of 16.6%, from $25.7M in 2022 to $8.64M in 2017.

Exports from Iraq () to Norway () (2022)

Exports from Norway () to Iraq () (2022)

Latest Data

Trade between Iraq () and Norway ()

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Iraq than Norway included India ($38.8B), China ($34B), and South Korea ($8.21B).

In 2022, countries that imported more from Norway than Iraq included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Iraq () (2022)

Comparative Advantage Iraq - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Norway in the exports of Precious Metals ($89.6k), Arts and Antiques ($36.6k), and Machines ($10.7k).

During 2017, Norway had a large net trade with Iraq in the exports of Machines ($6.05M), Instruments ($1.51M), and Transportation ($749k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Norway+$85.2kJewellery

Top Product Potential Norway Iraq+$595kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Norway () (2022)

Exports from Norway () to Iraq () (2022)

Latest Data

Trade between Iraq () and Norway ()

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Iraq () (2022)

Comparative Advantage Iraq - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Norway () (2022)

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