Iraq (IRQ) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Iraq-Sweden Trade: In 2022, Iraq exported $348k to Sweden. The main products that Iraq exported to Sweden were Rice ($57k), Other Processed Fruits and Nuts ($53.3k), and Valves ($25.9k). Over the past 5 years the exports of Iraq to Sweden have decreased at an annualized rate of 72.3%, from $213M in 2017 to $348k in 2022.

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

Sweden-Iraq Trade: In 2022, Sweden exported $75.8M to Iraq. The main products that Sweden exported to Iraq were Packaged Medicaments ($22M), Antiknock ($16.8M), and Gas Turbines ($4.71M). Over the past 5 years the exports of Sweden to Iraq have decreased at an annualized rate of 12.6%, from $149M in 2017 to $75.8M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $348k to Sweden. The main products exported from Iraq to Sweden were Rice ($57k), Other Processed Fruits and Nuts ($53.3k), and Valves ($25.9k). During the last 5 years the exports of Iraq to Sweden have decreased at an annualized rate of 72.3%, from $213M in 2017 to $348k in 2022.

In 2017, Sweden exported $75.8M to Iraq. The main products exported from Sweden to Iraq were Packaged Medicaments ($22M), Antiknock ($16.8M), and Gas Turbines ($4.71M). During the last 5 years the exports of Sweden to Iraq have decreased at an annualized rate of 12.6%, from $149M in 2022 to $75.8M in 2017.

Exports from Iraq () to Sweden () (2022)

Exports from Sweden () to Iraq () (2022)

Latest Data

Trade between Iraq () and Sweden ()

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Sweden
Top DestinationGermany$19.2B

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

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

In 2022, countries that imported more from Sweden than Iraq included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

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

Comparative Advantage Iraq - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Sweden in the exports of Vegetable Products ($128k), Foodstuffs ($81.7k), and Machines ($40.9k).

During 2017, Sweden had a large net trade with Iraq in the exports of Chemical Products ($41.5M), Machines ($17.8M), and Instruments ($6.95M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Sweden+$72kOther Processed Fruits and Nuts

Top Product Potential Sweden Iraq+$14.2MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Sweden () (2022)

Exports from Sweden () to Iraq () (2022)

Latest Data

Trade between Iraq () and Sweden ()

Sweden Exports

Market Competitiveness

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

Comparative Advantage Iraq - Sweden

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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