New Zealand (NZL) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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New Zealand-Iraq Trade: In 2022, New Zealand exported $6.57M to Iraq. The main products that New Zealand exported to Iraq were Malt Extract ($4.68M), Therapeutic Appliances ($546k), and Packaged Medicaments ($484k). Over the past 5 years the exports of New Zealand to Iraq have increased at an annualized rate of 5.31%, from $5.07M in 2017 to $6.57M in 2022.

In 2022, New Zealand did not export any services to Iraq.

Iraq-New Zealand Trade: In 2022, Iraq exported $25.9k to New Zealand. The main products that Iraq exported to New Zealand were Processed Tobacco ($23.2k) and Tropical Fruits ($2.75k). Over the past 5 years the exports of Iraq to New Zealand have increased at an annualized rate of 178%, from $156 in 2017 to $25.9k in 2022.

In 2022, Iraq did not export any services to New Zealand.

Comparison: In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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, New Zealand exported $6.57M to Iraq. The main products exported from New Zealand to Iraq were Malt Extract ($4.68M), Therapeutic Appliances ($546k), and Packaged Medicaments ($484k). During the last 5 years the exports of New Zealand to Iraq have increased at an annualized rate of 5.31%, from $5.07M in 2017 to $6.57M in 2022.

In 2017, Iraq exported $25.9k to New Zealand. The main products exported from Iraq to New Zealand were Processed Tobacco ($23.2k) and Tropical Fruits ($2.75k). During the last 5 years the exports of Iraq to New Zealand have increased at an annualized rate of 178%, from $156 in 2022 to $25.9k in 2017.

Exports from New Zealand () to Iraq () (2022)

Exports from Iraq () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Iraq ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from New Zealand than Iraq included Australia ($5.35B), Japan ($2.75B), and Indonesia ($1.33B).

In 2022, countries that imported more from Iraq than New Zealand included India ($38.8B), China ($34B), and South Korea ($8.21B).

Difference in imports from Iraq () and New Zealand () (2022)

Comparative Advantage New Zealand - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Iraq in the exports of Foodstuffs ($4.68M), Chemical Products ($865k), and Instruments ($583k).

During 2017, Iraq had a large net trade with New Zealand in the exports of Foodstuffs ($23.2k) and Vegetable Products ($2.75k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential New Zealand Iraq+$1.94MMalt Extract

Top Product Potential Iraq New Zealand+$14.1kTropical Fruits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Iraq () (2022)

Exports from Iraq () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Iraq ()

New Zealand Exports

Market Competitiveness

Difference in imports from Iraq () and New Zealand () (2022)

Comparative Advantage New Zealand - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Iraq () (2022)

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