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
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%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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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Iraq-Italy In 2022, Iraq exported $4.67B to Italy. The main products that Iraq exported to Italy are Crude Petroleum ($4.66B), Tanned Equine and Bovine Hides ($1.53M), and Tanned Sheep Hides ($1.09M). During the last 27 years the exports of Iraq to Italy have increased at an annualized rate of 52.1%, from $56.9k in 1995 to $4.67B in 2022.

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

Italy-Iraq In 2022, Italy exported $806M to Iraq. The main products that Italy exported to Iraq were Gas Turbines ($73.5M), Valves ($45M), and Other Agricultural Machinery ($43.4M). During the last 27 years the exports of Italy to Iraq have increased at an annualized rate of 35.3%, from $228k in 1995 to $806M in 2022.

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

Comparison In 2022,  Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $4.67B to Italy. The main products exported from Iraq to Italy were Crude Petroleum ($4.66B), Tanned Equine and Bovine Hides ($1.53M), and Tanned Sheep Hides ($1.09M). During the last 27 years the exports of Iraq to Italy have increased at an annualized rate of 52.1%, from $56.9k in 1995 to $4.67B in 2022.

In 2022, Italy exported $806M to Iraq. The main products exported from Italy to Iraq were Gas Turbines ($73.5M), Valves ($45M), and Other Agricultural Machinery ($43.4M). During the last 27 years the exports of Italy to Iraq have increased at an annualized rate of 35.3%, from $228k in 1995 to $806M in 2022.

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

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

Latest Data

Trade between Iraq (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Italy
Top Destination
Germany$78.5B

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

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

In 2021, countries that imported more from Italy than Iraq were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage Iraq - Italy

Flow
Scale

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

During 2022, Iraq had a large net trade with Italy in the exports of Mineral Products ($4.66B), Animal Hides ($2.83M), and Machines ($695k).

During 2022, Italy had a large net trade with Iraq in the exports of Machines ($481M), Metals ($74.1M), and Chemical Products ($62.2M).

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 Iraq has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Iraq.

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

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