2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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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 PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%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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About

Japan-Iraq Trade: In 2022, Japan exported $600M to Iraq. The main products that Japan exported to Iraq were Cars ($324M), Iron Pipes ($89.5M), and Delivery Trucks ($42.4M). Over the past 5 years the exports of Japan to Iraq have increased at an annualized rate of 16.6%, from $279M in 2017 to $600M in 2022.

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

Iraq-Japan Trade: In 2022, Iraq exported $34.8k to Japan. The main products that Iraq exported to Japan were Collector's Items ($32.6k) and Maps ($2.28k). Over the past 5 years the exports of Iraq to Japan have decreased at an annualized rate of 86.9%,  from $894M in 2017 to $34.8k in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $600M to Iraq. The main products exported from Japan to Iraq were Cars ($324M), Iron Pipes ($89.5M), and Delivery Trucks ($42.4M). During the last 5 years the exports of Japan to Iraq have increased at an annualized rate of 16.6%, from $279M in 2017 to $600M in 2022.

In 2017, Iraq exported $34.8k to Japan. The main products exported from Iraq to Japan were Collector's Items ($32.6k) and Maps ($2.28k). During the last 5 years the exports of Iraq to Japan have decreased at an annualized rate of 86.9%, from $894M in 2022 to $34.8k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Japan than Iraq included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from Iraq than Japan included India ($38.8B), Greece ($6.27B), and Serbia ($1.21B).

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

Comparative Advantage Japan - Iraq

Flow
Scale

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

During 2022, Japan had a large net trade with Iraq in the exports of Transportation ($392M), Metals ($100M), and Machines ($39.8M).

During 2017, Iraq had a large net trade with Japan in the exports of Arts and Antiques ($32.6k) and Paper Goods ($2.28k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Iraq+$133MCars
Top Product Potential Iraq Japan+$30.2kCollector's Items

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 Japan and Iraq. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Japan.

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

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