Iraq (IRQ) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Iraq-Chinese Taipei Trade: In 2022, Iraq exported $1.02B to Chinese Taipei. The main products that Iraq exported to Chinese Taipei were Crude Petroleum ($523M) and Refined Petroleum ($496M). Over the past 5 years the exports of Iraq to Chinese Taipei have decreased at an annualized rate of 3.52%, from $1.22B in 2017 to $1.02B in 2022.

In 2022, Iraq did not export any services to Chinese Taipei.

Chinese Taipei-Iraq Trade: In 2022, Chinese Taipei exported $457M to Iraq. The main products that Chinese Taipei exported to Iraq were Refined Petroleum ($399M), Motor vehicles; parts and accessories (8701 to 8705) ($10.5M), and Iron Fasteners ($6.22M). Over the past 5 years the exports of Chinese Taipei to Iraq have increased at an annualized rate of 58.9%, from $45.1M in 2017 to $457M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iraq exported $1.02B to Chinese Taipei. The main products exported from Iraq to Chinese Taipei were Crude Petroleum ($523M) and Refined Petroleum ($496M). During the last 5 years the exports of Iraq to Chinese Taipei have decreased at an annualized rate of 3.52%, from $1.22B in 2017 to $1.02B in 2022.

In 2017, Chinese Taipei exported $457M to Iraq. The main products exported from Chinese Taipei to Iraq were Refined Petroleum ($399M), Motor vehicles; parts and accessories (8701 to 8705) ($10.5M), and Iron Fasteners ($6.22M). During the last 5 years the exports of Chinese Taipei to Iraq have increased at an annualized rate of 58.9%, from $45.1M in 2022 to $457M in 2017.

Exports from Iraq () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Iraq () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Iraq than Chinese Taipei included India ($38.8B), Greece ($6.27B), and United Arab Emirates ($3.27B).

In 2022, countries that imported more from Chinese Taipei than Iraq included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Iraq () (2022)

Comparative Advantage Iraq - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iraq had a large net trade with Chinese Taipei in the exports of Mineral Products ($1.02B).

During 2017, Chinese Taipei had a large net trade with Iraq in the exports of Mineral Products ($399M), Machines ($20.8M), and Transportation ($13.4M).

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

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Iraq () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Iraq () (2022)

Comparative Advantage Iraq - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Chinese Taipei () (2022)

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