2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 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

Angola-Iraq Trade: In 2022, Angola exported $2.41k to Iraq. The main products that Angola exported to Iraq were Surveying Equipment ($2.41k). Over the past 5 years the exports of Angola to Iraq have decreased at an annualized rate of 43.4%, from $41.3k in 2017 to $2.41k in 2022.

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

Iraq-Angola Trade: In 2022, Iraq exported $34.2k to Angola. The main products that Iraq exported to Angola were Tropical Fruits ($15k), Other Rubber Products ($3.68k), and Light Fixtures ($3.25k). Over the past 5 years the exports of Iraq to Angola have increased at an annualized rate of 56.9%,  from $3.6k in 2017 to $34.2k in 2022.

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

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). 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, Angola exported $2.41k to Iraq. The main products exported from Angola to Iraq were Surveying Equipment ($2.41k). During the last 5 years the exports of Angola to Iraq have decreased at an annualized rate of 43.4%, from $41.3k in 2017 to $2.41k in 2022.

In 2017, Iraq exported $34.2k to Angola. The main products exported from Iraq to Angola were Tropical Fruits ($15k), Other Rubber Products ($3.68k), and Light Fixtures ($3.25k). During the last 5 years the exports of Iraq to Angola have increased at an annualized rate of 56.9%, from $3.6k in 2022 to $34.2k in 2017.

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

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

Latest Data

Trade between Angola (Flag) and Iraq (Flag)

Angola Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Angola than Iraq included France ($3.8B), United Kingdom ($1.41B), and Belgium ($1.26B).

In 2022, countries that imported more from Iraq than Angola included India ($38.8B), China ($34B), and United States ($10.3B).

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

Comparative Advantage Angola - Iraq

Flow
Scale

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

During 2022, Angola had a large net trade with Iraq in the exports of Instruments ($2.41k).

During 2017, Iraq had a large net trade with Angola in the exports of Vegetable Products ($15k), Plastics and Rubbers ($5.4k), and Machines ($5.03k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Iraq+$5.71kRefined Petroleum
Top Product Potential Iraq Angola+$6.64kRefined 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 Angola and Iraq. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Angola.

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

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