Iraq (IRQ) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Iraq-Vietnam Trade: In 2022, Iraq exported $19.3M to Vietnam. The main products that Iraq exported to Vietnam were Petroleum Coke ($19.3M). Over the past 11 years the exports of Iraq to Vietnam have increased at an annualized rate of 37.4%, from $588k in 2011 to $19.3M in 2022.

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

Vietnam-Iraq In N/A, Vietnam did not export any products to Iraq.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $19.3M to Vietnam. The main products exported from Iraq to Vietnam were Petroleum Coke ($19.3M). During the last 11 years the exports of Iraq to Vietnam have increased at an annualized rate of 37.4%, from $588k in 2011 to $19.3M in 2022.

Vietnam does not register exports to Iraq. The main products exported from Vietnam to Iraq were Malt Extract ($94.3M), Concentrated Milk ($53.6M), and Coconuts, Brazil Nuts, and Cashews ($42.7M).

Exports from Iraq () to Vietnam () (2022)

Exports from Vietnam () to Iraq () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Iraq than Vietnam included India ($38.8B), Greece ($6.27B), and Serbia ($1.21B).

In 2022, countries that imported more from Vietnam than Iraq included United States ($117B), Japan ($25B), and China ($58.7B).

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

Comparative Advantage Iraq - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Vietnam in the exports of Mineral Products ($19.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Vietnam+$4.1MPetroleum Coke

Top Product Potential Vietnam Iraq+$6.23MRubber Tires

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

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to Vietnam () (2022)

Exports from Vietnam () to Iraq () (2022)

Market Competitiveness

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

Comparative Advantage Iraq - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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