2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Iraq-Ukraine Trade: In 2022, Iraq exported $176k to Ukraine. The main products that Iraq exported to Ukraine were Petroleum Coke ($149k), Tropical Fruits ($18.6k), and Other Electrical Machinery ($5.08k). Over the past 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 0.44%, from $173k in 2017 to $176k in 2022.

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

Ukraine-Iraq Trade: In 2022, Ukraine exported $293M to Iraq. The main products that Ukraine exported to Iraq were Seed Oils ($195M), Hot-Rolled Iron ($30.5M), and Packaged Medicaments ($11.6M). Over the past 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 9.37%,  from $479M in 2017 to $293M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $176k to Ukraine. The main products exported from Iraq to Ukraine were Petroleum Coke ($149k), Tropical Fruits ($18.6k), and Other Electrical Machinery ($5.08k). During the last 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 0.44%, from $173k in 2017 to $176k in 2022.

In 2017, Ukraine exported $293M to Iraq. The main products exported from Ukraine to Iraq were Seed Oils ($195M), Hot-Rolled Iron ($30.5M), and Packaged Medicaments ($11.6M). During the last 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 9.37%, from $479M in 2022 to $293M in 2017.

Exports from Iraq (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Iraq (Flag) (2022)

Latest Data

Trade between Iraq (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Iraq than Ukraine included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Ukraine than Iraq included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

Difference in imports from Ukraine (Flag) and Iraq (Flag) (2022)

Comparative Advantage Iraq - Ukraine

Flow
Scale

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

During 2022, Iraq had a large net trade with Ukraine in the exports of N/A.

During 2017, Ukraine had a large net trade with Iraq in the exports of Animal and Vegetable Bi-Products ($197M), Metals ($43.6M), and Foodstuffs ($18.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Ukraine+$9.12kRefined Petroleum
Top Product Potential Ukraine Iraq+$6.17kSeed Oils

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

Product Space of Iraq (Flag) and Ukraine (Flag) (2022)

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