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

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Qatar-Iraq Trade: In 2023, Qatar exported $61.5M to Iraq. The main products that Qatar exported to Iraq were Refined Petroleum ($61.5M). Over the past 6 years the exports of Qatar to Iraq have increased at an annualized rate of 8.48%, from $37.7M in 2017 to $61.5M in 2023.

In 2023, Qatar did not export any services to Iraq.

Iraq-Qatar Trade: In 2023, Iraq exported $8.3M to Qatar. The main products that Iraq exported to Qatar were Petroleum Coke ($4.28M), Pitch Coke ($2.03M), and Asphalt Mixtures ($713k). Over the past 6 years the exports of Iraq to Qatar have decreased at an annualized rate of 29.4%, from $47.2M in 2017 to $8.3M in 2023.

In 2023, Iraq did not export any services to Qatar.

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $61.5M to Iraq. The main products exported from Qatar to Iraq were Refined Petroleum ($61.5M). During the last 6 years the exports of Qatar to Iraq have increased at an annualized rate of 8.48%, from $37.7M in 2017 to $61.5M in 2023.

In 2018, Iraq exported $8.3M to Qatar. The main products exported from Iraq to Qatar were Petroleum Coke ($4.28M), Pitch Coke ($2.03M), and Asphalt Mixtures ($713k). During the last 5 years the exports of Iraq to Qatar have decreased at an annualized rate of 29.4%, from $47.2M in 2023 to $8.3M in 2018.

Exports from Qatar () to Iraq () (2023)

Exports from Iraq () to Qatar () (2023)

Latest Data

Trade between Qatar () and Iraq ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Iraq
Top DestinationChina$35.5B

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 2023, countries that imported more from Qatar than Iraq included South Korea ($12.1B), Japan ($8.65B), and Pakistan ($6.52B).

In 2023, countries that imported more from Iraq than Qatar included India ($29.8B), China ($35.5B), and United States ($8.92B).

Difference in imports from Iraq () and Qatar () (2023)

Comparative Advantage Qatar - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Iraq in the exports of Mineral Products ($61.5M).

During 2018, Iraq had a large net trade with Qatar in the exports of Mineral Products ($7.02M), Vegetable Products ($1.02M), and Machines ($117k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

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

Year

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

Bilateral Trade by Products

Exports from Qatar () to Iraq () (2023)

Exports from Iraq () to Qatar () (2023)

Latest Data

Trade between Qatar () and Iraq ()

Qatar Exports

Market Competitiveness

Difference in imports from Iraq () and Qatar () (2023)

Comparative Advantage Qatar - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Iraq () (2023)

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