Iraq / Azerbaijan

Iraq-Azerbaijan Trade: In 2022, Iraq exported $451k to Azerbaijan. The main products that Iraq exported to Azerbaijan were Refined Petroleum ($416k), Scrap Iron ($23.6k), and Scrap Plastic ($7.85k). Over the past 5 years the exports of Iraq to Azerbaijan have increased at an annualized rate of 368%, from $200 in 2017 to $451k in 2022.

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

Azerbaijan-Iraq Trade: In 2022, Azerbaijan exported $28.8M to Iraq. The main products that Azerbaijan exported to Iraq were Bran ($7.83M), Other Vegetable Oils ($5.57M), and Seed Oils ($5.36M). Over the past 5 years the exports of Azerbaijan to Iraq have increased at an annualized rate of 12.9%,  from $15.7M in 2017 to $28.8M in 2022.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).