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2022
Flag → Flag
Exports $555MRnk 69 / 224
2022
Flag → Flag
Top Product $113MRefined Petroleum
2022
Flag → Flag
Exports $3.47BRnk 7 / 101
2022
Flag → Flag
Top Product $3.41BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Netherlands-Iraq Trade: In 2022, Netherlands exported $555M to Iraq. The main products that Netherlands exported to Iraq were Refined Petroleum ($113M), Animal Food ($30.5M), and Malt Extract ($29.5M). Over the past 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 4.58%, from $444M in 2017 to $555M in 2022.

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

Iraq-Netherlands Trade: In 2022, Iraq exported $3.47B to Netherlands. The main products that Iraq exported to Netherlands were Crude Petroleum ($3.41B), Planes, Helicopters, and/or Spacecraft ($36.2M), and Aircraft Parts ($5.52M). Over the past 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 4.68%,  from $2.76B in 2017 to $3.47B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €32M and imported €134M from Iraq, resulting in a negative trade balance of €102M. Between October 2021 and October 2022 the exports of Netherlands have increased by €9M (39.1%) from €23M to €32M, while imports increased by €67M (100%) from €67M to €134M.

Trade In October 2022, the top exports of Netherlands to Iraq were Petroleum oils and oils obtained from... (€22M), Medicinal and pharmaceutical products, other than... (€3M), Vegetables, fresh, chilled, frozen or simply... (€2M), Feeding stuff for animals (not including... (€2M), and Instruments and appliances, n.e.s., for medical,... (€2M). In October 2022 the top imports of Netherlands from Iraq were Petroleum oils and oils obtained from... (€23M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Iraq was explained primarily by an increase in product exports in Petroleum oils and oils obtained from... (€21M or 2.1k%). In October 2022, the increase in Netherlands's year-by-year imports  from Iraq was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€9M(39.1%)
IMPORT GROWTH (October 2021 - October 2022)€67M(100%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Iraq and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iraq and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $555M to Iraq. The main products exported from Netherlands to Iraq were Refined Petroleum ($113M), Animal Food ($30.5M), and Malt Extract ($29.5M). During the last 5 years the exports of Netherlands to Iraq have increased at an annualized rate of 4.58%, from $444M in 2017 to $555M in 2022.

In 2017, Iraq exported $3.47B to Netherlands. The main products exported from Iraq to Netherlands were Crude Petroleum ($3.41B), Planes, Helicopters, and/or Spacecraft ($36.2M), and Aircraft Parts ($5.52M). During the last 5 years the exports of Iraq to Netherlands have increased at an annualized rate of 4.68%, from $2.76B in 2022 to $3.47B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Netherlands than Iraq included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Iraq than Netherlands included India ($38.8B), China ($34B), and Greece ($6.27B).

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

Comparative Advantage Netherlands - Iraq

Flow
Scale

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

During 2022, Netherlands had a large net trade with Iraq in the exports of Machines ($129M), Mineral Products ($113M), and Foodstuffs ($89.6M).

During 2017, Iraq had a large net trade with Netherlands in the exports of Mineral Products ($3.41B), Transportation ($41.8M), and Machines ($10.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Iraq+$103MRefined Petroleum
Top Product Potential Iraq Netherlands+$840MCrude 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 Netherlands and Iraq. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Netherlands.

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

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