Slovakia (SVK) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Slovakia-Iraq Trade: In 2022, Slovakia exported $18M to Iraq. The main products that Slovakia exported to Iraq were Cars ($7.8M), Lifting Machinery ($3M), and Harvesting Machinery ($2.15M). Over the past 5 years the exports of Slovakia to Iraq have increased at an annualized rate of 32%, from $4.49M in 2017 to $18M in 2022.

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

Iraq-Slovakia Trade: In 2022, Iraq exported $78 to Slovakia. The main products that Iraq exported to Slovakia were Non-Knit Women's Suits ($49) and Other toys ($29). Over the past 5 years the exports of Iraq to Slovakia have decreased at an annualized rate of 70.2%, from $33.1k in 2017 to $78 in 2022.

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

Comparison: In 2022, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovakia exported $18M to Iraq. The main products exported from Slovakia to Iraq were Cars ($7.8M), Lifting Machinery ($3M), and Harvesting Machinery ($2.15M). During the last 5 years the exports of Slovakia to Iraq have increased at an annualized rate of 32%, from $4.49M in 2017 to $18M in 2022.

In 2017, Iraq exported $78 to Slovakia. The main products exported from Iraq to Slovakia were Non-Knit Women's Suits ($49) and Other toys ($29). During the last 5 years the exports of Iraq to Slovakia have decreased at an annualized rate of 70.2%, from $33.1k in 2022 to $78 in 2017.

Exports from Slovakia () to Iraq () (2022)

Exports from Iraq () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Iraq ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$22.2B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Slovakia than Iraq included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

In 2022, countries that imported more from Iraq than Slovakia included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Slovakia - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovakia had a large net trade with Iraq in the exports of Transportation ($8.08M), Machines ($7.06M), and Chemical Products ($1.26M).

During 2017, Iraq had a large net trade with Slovakia in the exports of Textiles ($49) and Miscellaneous ($29).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Iraq+$19.3MCars

Top Product Potential Iraq Slovakia+$11.3kCrude Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Iraq () (2022)

Exports from Iraq () to Slovakia () (2022)

Latest Data

Trade between Slovakia () and Iraq ()

Slovakia Exports

Market Competitiveness

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

Comparative Advantage Slovakia - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Iraq () (2022)

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