Jordan-Iraq Bilateral Trade Analysis 2023
Complete trade statistics: $1.22B total volume •Jordan surplus: $670.20M
Jordan → Iraq
$945.67M
Exports (2023)
Iraq → Jordan
$275.47M
Imports (2023)
Trade Balance
$670.20M
Surplus for Jordan
Total Trade
$1.22B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Jordan and Iraq. Green line shows exports from Jordan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Jordan-Iraq commercial relationship and competitive positioning in global markets.
Jordan → Iraq Exports
Export Market Intelligence
🎯 Strategic Export Focus
Jordan's export portfolio to Iraq demonstrates strategic specialization, with medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale representing a key competitive advantage in this bilateral market.
Iraq → Jordan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Jordan's import pattern from Iraq reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Jordan demonstrates competitive strength in exportingmedicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale to Iraq, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.22B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Jordan-Iraq Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.22 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Jordan maintains a surplus of $670.20 million
- Export Focus: Jordan's primary exports include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale, insulated electric conductors: winding wire, of copper
- Import Dependencies: Key imports from Iraq include oils: petroleum oils and oils obtained from bituminous minerals, crude, iron or non-alloy steel: ingots (excluding iron of heading no. 7203), fruit, edible: dates, fresh or dried
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.22B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Jordan leveraging its comparative advantages in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Jordan's specialization in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail salecomplements Iraq's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.22B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.22B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.22 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Jordan's trade surplus of $670.20 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Jordan and Iraq represents a total trade volume of $1.22 billion in 2023. This partnership demonstrates a favorable trade balance for Jordan, with exports exceeding importsby $670.20 million.
Export Strengths
Jordan's exports to Iraq total $945.67 million, with competitive advantages in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, representing $95.33M or10.1% of bilateral exports.
Import Dependencies
Imports from Iraq amount to $275.47 million, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising93.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Jordan's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Jordan and Iraq in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023