GDP$76.5BCURRENT US$Rnk 74 / 186 GDP GROWTH89.3%CURRENT US$Rnk 19 / 186
GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186 GDP PC $17,358CURRENT US$Rnk 59 / 186GDP PC GROWTH61.2%CURRENT US$Rnk 26 / 186GDP PC$5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186In N/A, Panama did not export any services to Iraq.
Iraq-Panama In N/A, Iraq did not export any products to Panama.
In N/A, Iraq did not export any services to Panama.
Comparison: In 2022, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).
This map shows whether countries import more from Panama or Iraq. Each country is colored based on the difference in imports they receive from Panama and Iraq or the difference in the growth in imports.
In 2022, countries that imported more from Panama than Iraq included Japan ($785M), Thailand ($295M), and Costa Rica ($242M).
In 2022, countries that imported more from Iraq than Panama included India ($38.8B), China ($34B), and United States ($10.3B).
) and Panama () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Panama and Iraq. This means that a dot/product with the flag of Panama indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Panama.
) and Iraq () (2019)
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