South Korea-Iraq Trade: In 2022, South Korea exported $1.15B to Iraq. The main products that South Korea exported to Iraq were Cars ($234M), Refined Petroleum ($218M), and Delivery Trucks ($171M). Over the past 5 years the exports of South Korea to Iraq have decreased at an annualized rate of 4.67%, from $1.46B in 2017 to $1.15B in 2022.
In 2022, South Korea did not export any services to Iraq.
Iraq-South Korea Trade: In 2022, Iraq exported $8.21B to South Korea. The main products that Iraq exported to South Korea were Crude Petroleum ($7.35B), Refined Petroleum ($845M), and Special Purpose Ships ($6.29M). Over the past 5 years the exports of Iraq to South Korea have increased at an annualized rate of 7.73%, from $5.66B in 2017 to $8.21B in 2022.
In 2022, Iraq did not export any services to South Korea.
Comparison: In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).