Iraq (IRQ) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Iraq-South Africa Trade: In 2023, Iraq exported $4.45M to South Africa. The main products that Iraq exported to South Africa were Petroleum Coke ($2.9M), Refined Petroleum ($1.17M), and Stearic Acid ($373k). Over the past 5 years the exports of Iraq to South Africa have increased at an annualized rate of 259%, from $7.5k in 2018 to $4.45M in 2023.

In 2023, Iraq did not export any services to South Africa.

South Africa-Iraq Trade: In 2023, South Africa exported $41.4M to Iraq. The main products that South Africa exported to Iraq were Citrus ($31.4M), Other Fruits ($2.27M), and Other Animals ($1.52M). Over the past 5 years the exports of South Africa to Iraq have increased at an annualized rate of 8.43%, from $27.6M in 2018 to $41.4M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $4.45M to South Africa. The main products exported from Iraq to South Africa were Petroleum Coke ($2.9M), Refined Petroleum ($1.17M), and Stearic Acid ($373k). During the last 5 years the exports of Iraq to South Africa have increased at an annualized rate of 259%, from $7.5k in 2018 to $4.45M in 2023.

In 2018, South Africa exported $41.4M to Iraq. The main products exported from South Africa to Iraq were Citrus ($31.4M), Other Fruits ($2.27M), and Other Animals ($1.52M). During the last 5 years the exports of South Africa to Iraq have increased at an annualized rate of 8.43%, from $27.6M in 2023 to $41.4M in 2018.

Exports from Iraq () to South Africa () (2023)

Exports from South Africa () to Iraq () (2023)

Latest Data

Trade between Iraq () and South Africa ()

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Iraq than South Africa included India ($29.8B), China ($35.5B), and Greece ($5.68B).

In 2023, countries that imported more from South Africa than Iraq included Germany ($10.8B), United Kingdom ($9.01B), and Japan ($7.34B).

Difference in imports from South Africa () and Iraq () (2023)

Comparative Advantage Iraq - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iraq had a large net trade with South Africa in the exports of Mineral Products ($4.07M), Animal and Vegetable Bi-Products ($373k), and Instruments ($1.6k).

During 2018, South Africa had a large net trade with Iraq in the exports of Vegetable Products ($35.5M), Chemical Products ($2.05M), and Animal Products ($1.52M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq South Africa+$5.2MRefined Petroleum

Top Product Potential South Africa Iraq+$1.07MOther Fruits

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

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to South Africa () (2023)

Exports from South Africa () to Iraq () (2023)

Latest Data

Trade between Iraq () and South Africa ()

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Iraq () (2023)

Comparative Advantage Iraq - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and South Africa () (2023)

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