2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 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
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Iraq-Slovenia Trade: In 2023, Iraq exported $315k to Slovenia. The main products that Iraq exported to Slovenia were Styrene Polymers ($247k), Other Cast Iron Products ($50.1k), and Orthopedic Appliances ($6.53k). Over the past 6 years the exports of Iraq to Slovenia have increased at an annualized rate of 45.4%, from $33.4k in 2017 to $315k in 2023.

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

Slovenia-Iraq Trade: In 2023, Slovenia exported $13.7M to Iraq. The main products that Slovenia exported to Iraq were Packaged Medicaments ($2.54M), Special purpose motor vehicles ($2.29M), and Utility Meters ($2.06M). Over the past 6 years the exports of Slovenia to Iraq have increased at an annualized rate of 7.84%,  from $9.42M in 2017 to $13.7M in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $315k to Slovenia. The main products exported from Iraq to Slovenia were Styrene Polymers ($247k), Other Cast Iron Products ($50.1k), and Orthopedic Appliances ($6.53k). During the last 6 years the exports of Iraq to Slovenia have increased at an annualized rate of 45.4%, from $33.4k in 2017 to $315k in 2023.

In 2018, Slovenia exported $13.7M to Iraq. The main products exported from Slovenia to Iraq were Packaged Medicaments ($2.54M), Special purpose motor vehicles ($2.29M), and Utility Meters ($2.06M). During the last 5 years the exports of Slovenia to Iraq have increased at an annualized rate of 7.84%, from $9.42M in 2023 to $13.7M in 2018.

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

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

Latest Data

Trade between Iraq (Flag) and Slovenia (Flag)

Slovenia Exports

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Slovenia
Top Destination
Switzerland$13.5B

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

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

In 2023, countries that imported more from Slovenia than Iraq included Switzerland ($13.5B), Germany ($7.21B), and Croatia ($4.85B).

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

Comparative Advantage Iraq - Slovenia

Flow
Scale

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

During 2023, Iraq had a large net trade with Slovenia in the exports of Plastics and Rubbers ($247k), Metals ($51k), and Instruments ($10.7k).

During 2018, Slovenia had a large net trade with Iraq in the exports of Chemical Products ($3.43M), Machines ($2.63M), and Instruments ($2.31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Slovenia+$7.9kRefined Petroleum
Top Product Potential Slovenia Iraq+$5.81MPackaged Medicaments

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

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

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

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