2022
Flag  
GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
Flag
 GDP
$19.5BCURRENT US$
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2012-2022
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GDP GROWTH
83.7%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
$7,014CURRENT US$
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2012-2022
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GDP PC GROWTH
92.5%CURRENT US$
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About

Iraq-Armenia In 2022, Iraq exported $330k to Armenia. The main products that Iraq exported to Armenia are Petroleum Gas ($162k), Petroleum Coke ($134k), and Metal Stoppers ($24.9k). During the last 21 years the exports of Iraq to Armenia have increased at an annualized rate of 8.86%, from $55.6k in 2001 to $330k in 2022.

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

Armenia-Iraq In 2022, Armenia exported $250M to Iraq. The main products that Armenia exported to Iraq were Rolled Tobacco ($221M), Processed Tobacco ($17.4M), and Bovine ($9.87M). During the last 21 years the exports of Armenia to Iraq have increased at an annualized rate of 78.7%, from $1.27k in 2001 to $250M in 2022.

In 2022, Armenia 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, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $330k to Armenia. The main products exported from Iraq to Armenia were Petroleum Gas ($162k), Petroleum Coke ($134k), and Metal Stoppers ($24.9k). During the last 21 years the exports of Iraq to Armenia have increased at an annualized rate of 8.86%, from $55.6k in 2001 to $330k in 2022.

In 2022, Armenia exported $250M to Iraq. The main products exported from Armenia to Iraq were Rolled Tobacco ($221M), Processed Tobacco ($17.4M), and Bovine ($9.87M). During the last 23 years the exports of Armenia to Iraq have increased at an annualized rate of 78.7%, from $1.27k in 1999 to $250M in 2022.

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

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

Latest Data

Trade between Iraq (Flag) and Armenia (Flag)

Armenia Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Armenia
Top Destination
Russia$2.36B

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

In 2021, countries that imported more from Iraq than Armenia were India ($38.8B), China ($34B), and United States ($10.3B).

In 2021, countries that imported more from Armenia than Iraq were Russia ($2.36B), Switzerland ($257M), and Georgia ($260M).

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

Comparative Advantage Iraq - Armenia

Flow
Scale

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

During 2022, Iraq had a large net trade with Armenia in the exports of Mineral Products ($296k), Metals ($24.9k), and Stone And Glass ($8.66k).

During 2022, Armenia had a large net trade with Iraq in the exports of Foodstuffs ($239M), Animal Products ($10.1M), and Textiles ($176k).

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

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

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