2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$5,937CURRENT US$
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2012-2022
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GDP PC GROWTH
-7.77%CURRENT US$
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About

Romania-Iraq In 2022, Romania exported $52M to Iraq. The main products that Romania exported to Iraq are Valves ($11.8M), Iron Pipes ($8.48M), and Sawn Wood ($4.96M). During the last 26 years the exports of Romania to Iraq have increased at an annualized rate of 38.5%, from $11k in 1996 to $52M in 2022.

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

Iraq-Romania In 2022, Iraq exported $363k to Romania. The main products that Iraq exported to Romania were Excavation Machinery ($184k), Iron Pipes ($90.4k), and Air Pumps ($10.4k). During the last 26 years the exports of Iraq to Romania have decreased at an annualized rate of 2.07%, from $626k in 1996 to $363k in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $52M to Iraq. The main products exported from Romania to Iraq were Valves ($11.8M), Iron Pipes ($8.48M), and Sawn Wood ($4.96M). During the last 26 years the exports of Romania to Iraq have increased at an annualized rate of 38.5%, from $11k in 1996 to $52M in 2022.

In 2022, Iraq exported $363k to Romania. The main products exported from Iraq to Romania were Excavation Machinery ($184k), Iron Pipes ($90.4k), and Air Pumps ($10.4k). During the last 26 years the exports of Iraq to Romania have decreased at an annualized rate of 2.07%, from $626k in 1996 to $363k in 2022.

Exports from Romania (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Romania (Flag) (2022)

Latest Data

Trade between Romania (Flag) and Iraq (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Iraq
Top Destination
India$38.8B

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

In 2021, countries that imported more from Romania than Iraq were Germany ($18.8B), Hungary ($6.75B), and Italy ($9.55B).

In 2021, countries that imported more from Iraq than Romania were India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq (Flag) and Romania (Flag) (2022)

Comparative Advantage Romania - Iraq

Flow
Scale

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

During 2022, Romania had a large net trade with Iraq in the exports of Machines ($24.5M), Metals ($9.98M), and Wood Products ($5.69M).

During 2022, Iraq had a large net trade with Romania in the exports of Machines ($222k), Metals ($122k), and Instruments ($13.4k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Iraq. Similarly, the more yellow a dot/product is, the more Iraq has comparative advantage over Romania.

Product Space of Romania (Flag) and Iraq (Flag) (2022)

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