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
$28.4BCURRENT US$
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2012-2022
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GDP GROWTH
13.5%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
$31,284CURRENT US$
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2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
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About

Iraq-Cyprus In 2022, Iraq exported $1.53k to Cyprus. The main products that Iraq exported to Cyprus are Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). During the last 25 years the exports of Iraq to Cyprus have decreased at an annualized rate of 30.3%, from $12.6M in 1997 to $1.53k in 2022.

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

Cyprus-Iraq In 2022, Cyprus exported $10.5M to Iraq. The main products that Cyprus exported to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). During the last 25 years the exports of Cyprus to Iraq have increased at an annualized rate of 21.6%, from $79k in 1997 to $10.5M in 2022.

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

Comparison In 2022,  Iraq ranked 103 in the Economic Complexity Index (ECI -0.84),  and 36 in total exports ($123B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iraq exported $1.53k to Cyprus. The main products exported from Iraq to Cyprus were Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). During the last 25 years the exports of Iraq to Cyprus have decreased at an annualized rate of 30.3%, from $12.6M in 1997 to $1.53k in 2022.

In 2022, Cyprus exported $10.5M to Iraq. The main products exported from Cyprus to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). During the last 27 years the exports of Cyprus to Iraq have increased at an annualized rate of 21.6%, from $79k in 1995 to $10.5M in 2022.

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

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

Latest Data

Trade between Iraq (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Cyprus
Top Destination
Hong Kong$482M

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

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

In 2021, countries that imported more from Cyprus than Iraq were Hong Kong ($482M), Lebanon ($329M), and United Kingdom ($276M).

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

Comparative Advantage Iraq - Cyprus

Flow
Scale

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

During 2022, Iraq had a large net trade with Cyprus in the exports of Textiles ($903), Machines ($576), and Instruments ($24).

During 2022, Cyprus had a large net trade with Iraq in the exports of Chemical Products ($9.74M), Stone And Glass ($327k), and Machines ($237k).

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

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

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