Estonia (EST) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Estonia-Iraq Trade: In 2022, Estonia exported $2.59M to Iraq. The main products that Estonia exported to Iraq were Malt Extract ($1.12M), Peat ($762k), and Harvesting Machinery ($256k). Over the past 5 years the exports of Estonia to Iraq have increased at an annualized rate of 18.8%, from $1.09M in 2017 to $2.59M in 2022.

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

Iraq-Estonia Trade: In 2022, Iraq exported $3.4k to Estonia. The main products that Iraq exported to Estonia were Electrical Control Boards ($3.4k). Over the past 5 years the exports of Iraq to Estonia have increased at an annualized rate of 132%, from $51 in 2017 to $3.4k in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $2.59M to Iraq. The main products exported from Estonia to Iraq were Malt Extract ($1.12M), Peat ($762k), and Harvesting Machinery ($256k). During the last 5 years the exports of Estonia to Iraq have increased at an annualized rate of 18.8%, from $1.09M in 2017 to $2.59M in 2022.

In 2017, Iraq exported $3.4k to Estonia. The main products exported from Iraq to Estonia were Electrical Control Boards ($3.4k). During the last 5 years the exports of Iraq to Estonia have increased at an annualized rate of 132%, from $51 in 2022 to $3.4k in 2017.

Exports from Estonia () to Iraq () (2022)

Exports from Iraq () to Estonia () (2022)

Latest Data

Trade between Estonia () and Iraq ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Estonia than Iraq included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Difference in imports from Iraq () and Estonia () (2022)

Comparative Advantage Estonia - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Iraq in the exports of Foodstuffs ($1.19M), Mineral Products ($762k), and Machines ($426k).

During 2017, Iraq had a large net trade with Estonia in the exports of Machines ($3.4k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Estonia and Iraq. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Estonia.

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Iraq () (2022)

Exports from Iraq () to Estonia () (2022)

Latest Data

Trade between Estonia () and Iraq ()

Estonia Exports

Market Competitiveness

Difference in imports from Iraq () and Estonia () (2022)

Comparative Advantage Estonia - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Estonia () and Iraq () (2022)

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