2023
Flag  
GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Iraq-Tanzania Trade: In 2023, Iraq exported $78.1k to Tanzania. The main products that Iraq exported to Tanzania were Refined Petroleum ($49.8k), Cyclic Hydrocarbons ($18k), and Flavored Water ($6.21k). Over the past 5 years the exports of Iraq to Tanzania have increased at an annualized rate of 266%, from $119 in 2018 to $78.1k in 2023.

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

Tanzania-Iraq Trade: In 2023, Tanzania exported $266k to Iraq. The main products that Tanzania exported to Iraq were Coconuts, Brazil Nuts, and Cashews ($84k), Sawn Wood ($75.1k), and Twine and Rope ($42.3k). Over the past 5 years the exports of Tanzania to Iraq have decreased at an annualized rate of 21.4%,  from $886k in 2018 to $266k in 2023.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iraq exported $78.1k to Tanzania. The main products exported from Iraq to Tanzania were Refined Petroleum ($49.8k), Cyclic Hydrocarbons ($18k), and Flavored Water ($6.21k). During the last 5 years the exports of Iraq to Tanzania have increased at an annualized rate of 266%, from $119 in 2018 to $78.1k in 2023.

In 2018, Tanzania exported $266k to Iraq. The main products exported from Tanzania to Iraq were Coconuts, Brazil Nuts, and Cashews ($84k), Sawn Wood ($75.1k), and Twine and Rope ($42.3k). During the last 5 years the exports of Tanzania to Iraq have decreased at an annualized rate of 21.4%, from $886k in 2023 to $266k in 2018.

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

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

Latest Data

Trade between Iraq (Flag) and Tanzania (Flag)

Tanzania Exports

Market Competitiveness

Color
Iraq
Top Destination
China$35.5B
Tanzania
Top Destination
India$1.74B

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

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

In 2023, countries that imported more from Tanzania than Iraq included Uganda ($1.35B), South Africa ($1.15B), and Switzerland ($461M).

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

Comparative Advantage Iraq - Tanzania

Flow
Scale

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

During 2023, Iraq had a large net trade with Tanzania in the exports of Mineral Products ($49.8k), Chemical Products ($20.4k), and Foodstuffs ($6.21k).

During 2018, Tanzania had a large net trade with Iraq in the exports of Vegetable Products ($114k), Wood Products ($75.1k), and Textiles ($42.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Tanzania+$358kPetroleum Coke
Top Product Potential Tanzania Iraq+$167kSawn Wood

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

Product Space of Iraq (Flag) and Tanzania (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