2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Ukraine-Iraq Trade: In 2023, Ukraine exported $194M to Iraq. The main products that Ukraine exported to Iraq were Seed Oils ($71.6M), Poultry Meat ($19.3M), and Raw Iron Bars ($16.1M). Over the past 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 21.3%, from $643M in 2018 to $194M in 2023.

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

Iraq-Ukraine Trade: In 2023, Iraq exported $221k to Ukraine. The main products that Iraq exported to Ukraine were Chocolate ($113k), Tropical Fruits ($74.3k), and Packing Bags ($33.4k). Over the past 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 62.3%,  from $19.6k in 2018 to $221k in 2023.

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

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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
Value

In 2023, Ukraine exported $194M to Iraq. The main products exported from Ukraine to Iraq were Seed Oils ($71.6M), Poultry Meat ($19.3M), and Raw Iron Bars ($16.1M). During the last 5 years the exports of Ukraine to Iraq have decreased at an annualized rate of 21.3%, from $643M in 2018 to $194M in 2023.

In 2018, Iraq exported $221k to Ukraine. The main products exported from Iraq to Ukraine were Chocolate ($113k), Tropical Fruits ($74.3k), and Packing Bags ($33.4k). During the last 5 years the exports of Iraq to Ukraine have increased at an annualized rate of 62.3%, from $19.6k in 2023 to $221k in 2018.

Exports from Ukraine (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Iraq (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Ukraine than Iraq included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Difference in imports from Iraq (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Iraq

Flow
Scale

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

During 2023, Ukraine had a large net trade with Iraq in the exports of Animal and Vegetable Bi-Products ($73.7M), Metals ($32.3M), and Vegetable Products ($24.7M).

During 2018, Iraq had a large net trade with Ukraine in the exports of Foodstuffs ($113k), Vegetable Products ($74.3k), and Textiles ($33.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Iraq+$6.17kSeed Oils
Top Product Potential Iraq Ukraine+$9.12kRefined 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

This visualization shows the product space at the HS4 level with the flags of Ukraine and Iraq. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Iraq (Flag) (2023)

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