2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
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GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

South Africa-Iraq Trade: In 2023, South Africa exported $41.4M to Iraq. The main products that South Africa exported to Iraq were Citrus ($31.4M), Other Fruits ($2.27M), and Other Animals ($1.52M). Over the past 5 years the exports of South Africa to Iraq have increased at an annualized rate of 8.43%, from $27.6M in 2018 to $41.4M in 2023.

In 2023, South Africa did not export any services to Iraq.

Iraq-South Africa Trade: In 2023, Iraq exported $4.45M to South Africa. The main products that Iraq exported to South Africa were Petroleum Coke ($2.9M), Refined Petroleum ($1.17M), and Stearic Acid ($373k). Over the past 5 years the exports of Iraq to South Africa have increased at an annualized rate of 259%,  from $7.5k in 2018 to $4.45M in 2023.

In 2023, Iraq did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). 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, South Africa exported $41.4M to Iraq. The main products exported from South Africa to Iraq were Citrus ($31.4M), Other Fruits ($2.27M), and Other Animals ($1.52M). During the last 5 years the exports of South Africa to Iraq have increased at an annualized rate of 8.43%, from $27.6M in 2018 to $41.4M in 2023.

In 2018, Iraq exported $4.45M to South Africa. The main products exported from Iraq to South Africa were Petroleum Coke ($2.9M), Refined Petroleum ($1.17M), and Stearic Acid ($373k). During the last 5 years the exports of Iraq to South Africa have increased at an annualized rate of 259%, from $7.5k in 2023 to $4.45M in 2018.

Exports from South Africa (Flag) to Iraq (Flag) (2023)

Exports from Iraq (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from South Africa than Iraq included Germany ($10.8B), United Kingdom ($9.01B), and Japan ($7.34B).

In 2023, countries that imported more from Iraq than South Africa included India ($29.8B), China ($35.5B), and Greece ($5.68B).

Difference in imports from Iraq (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Iraq

Flow
Scale

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

During 2023, South Africa had a large net trade with Iraq in the exports of Vegetable Products ($35.5M), Chemical Products ($2.05M), and Animal Products ($1.52M).

During 2018, Iraq had a large net trade with South Africa in the exports of Mineral Products ($4.07M), Animal and Vegetable Bi-Products ($373k), and Instruments ($1.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Iraq+$1.07MOther Fruits
Top Product Potential Iraq South Africa+$5.2MRefined 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 South Africa and Iraq. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Iraq (Flag) (2023)

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