Qatar (QAT) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

2022

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Exports $53.2MRnk 49 / 139

2022

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Qatar-Iraq Trade: In 2022, Qatar exported $53.2M to Iraq. The main products that Qatar exported to Iraq were Refined Petroleum ($53.1M), Metal Signs ($54.4k), and Iron Gas Containers ($15.8k). Over the past 6 years the exports of Qatar to Iraq have increased at an annualized rate of 26.8%, from $12.8M in 2016 to $53.2M in 2022.

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

Iraq-Qatar Trade: In 2022, Iraq exported $24.9M to Qatar. The main products that Iraq exported to Qatar were Petroleum Coke ($17.1M), Asphalt Mixtures ($6.4M), and Polyacetals ($609k). Over the past 6 years the exports of Iraq to Qatar have decreased at an annualized rate of 5.28%, from $32.7M in 2016 to $24.9M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Latest Data

Trade between Qatar () and Iraq ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Qatar than Iraq included Japan ($12B), United Kingdom ($7.5B), and Belgium ($5.51B).

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

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

Potential Exports

Depth

Section

HS2

HS4

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Top 20

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Highest Potential

Most Saturated

Section

Top Product Potential Qatar Iraq+$52.4MRefined Petroleum

Top Product Potential Iraq Qatar+$3.28MPetroleum Coke

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

About

Historical Data

Latest Data

Trade between Qatar () and Iraq ()

Qatar Exports

Market Competitiveness

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

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Iraq () (NaN)

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