{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.444Z", "seo": { "title": "Iraq exports to South Korea: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iraq to South Korea, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "IRQ", "country_name": "Iraq" }, "importer": { "iso3": "KOR", "country_name": "South Korea" }, "latestYear": 2024, "risk": { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "all_history_lane_count": 15, "current_lane_count": 6, "current_product_count": 6, "first_observed_last_year": 2004, "latest_data_year": 2024, "current_trade_usd": 8169137197.889183, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 16189044.086307611, "unrecovered_drawdown_trade_usd": 221599809.14005783, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 33967.528418577844, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 1, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.7805018047102537, "trade_weighted_below_peak_pct": 26.82001733664179, "product_concentration_hhi": 7412.497633032519, "top1_product_share_pct": 85.3745947114312, "top3_product_share_pct": 98.82631336564927, "top_product_hs6": "270900", "top_product_trade_usd": 6974367774.118658, "top_product_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 7250.94091796875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 14.526160713131317, "avg_mfn_tariff_pct": 14.600262464040409, "avg_preferential_tariff_pct": 18.432050728686868, "tariff_advantage_pp": -3.8317882646464603, "buyer_biz_entry_days": 8, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1798533.915091, "buyer_gdp_pc_latest": 34758, "buyer_population_latest": 51744.877, "buyer_gdp_5y_cagr_pct": 1.3815058218118237, "buyer_gdp_pc_5y_cagr_pct": 1.3868953035443221, "buyer_population_5y_cagr_pct": -0.00531575773807802, "buyer_investment_5y_avg_pct": 32.412, "buyer_savings_5y_avg_pct": 34.20399999999999, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 1798533.915091, "buyer_gdp_pc_2024": 34758, "buyer_population_2024": 51744.877 }, "history": [ { "year": 1998, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 59105648.958522685, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1999, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 136428752.27960643, "yoy_growth_pct": 130.8218498291849, "cagr_3y_pct": null }, { "year": 2000, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 456402461.89353174, "yoy_growth_pct": 234.53539247954805, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 25135506.09414501, "yoy_growth_pct": -94.49268831945771, "cagr_3y_pct": -24.799704358727592 }, { "year": 2002, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 34595427.71163974, "yoy_growth_pct": 37.63569184587969, "cagr_3y_pct": -36.70477728702076 }, { "year": 2003, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 51176896.54892021, "yoy_growth_pct": 47.929654101954, "cagr_3y_pct": -51.7783585873464 }, { "year": 2004, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 279509591.42064893, "yoy_growth_pct": 446.1636212220578, "cagr_3y_pct": 123.20454163228743 }, { "year": 2005, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 716961440.407357, "yoy_growth_pct": 156.50691869402195, "cagr_3y_pct": 174.67915220350574 }, { "year": 2006, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 892007716.6710565, "yoy_growth_pct": 24.415019608898803, "cagr_3y_pct": 159.27753460947037 }, { "year": 2007, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 3081652779.8054605, "yoy_growth_pct": 245.47378035092424, "cagr_3y_pct": 122.56779818943122 }, { "year": 2008, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 4180890912.263325, "yoy_growth_pct": 35.67040841399587, "cagr_3y_pct": 79.99385520025926 }, { "year": 2009, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 3709107348.1248875, "yoy_growth_pct": -11.284283040119735, "cagr_3y_pct": 60.805264886538794 }, { "year": 2010, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 4295363301.221258, "yoy_growth_pct": 15.805850251078546, "cagr_3y_pct": 11.7048593808464 }, { "year": 2011, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 9015716817.069977, "yoy_growth_pct": 109.89416225879256, "cagr_3y_pct": 29.194435497354497 }, { "year": 2012, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 9860920125.834318, "yoy_growth_pct": 9.374776580871181, "cagr_3y_pct": 38.531758167940545 }, { "year": 2013, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 8835649051.484556, "yoy_growth_pct": -10.397316490412356, "cagr_3y_pct": 27.178252063372433 }, { "year": 2014, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 6327485123.383698, "yoy_growth_pct": -28.386866810644072, "cagr_3y_pct": -11.132364807225681 }, { "year": 2015, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 5727851972.400099, "yoy_growth_pct": -9.476642604304352, "cagr_3y_pct": -16.563108663578717 }, { "year": 2016, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 4642429346.196182, "yoy_growth_pct": -18.949907075707827, "cagr_3y_pct": -19.307045861891236 }, { "year": 2017, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 5835003901.901855, "yoy_growth_pct": 25.688588167374494, "cagr_3y_pct": -2.6647819740351464 }, { "year": 2018, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 9062668531.215483, "yoy_growth_pct": 55.31555220145792, "cagr_3y_pct": 16.525623846475423 }, { "year": 2019, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 7626995610.931508, "yoy_growth_pct": -15.841613486567873, "cagr_3y_pct": 17.99657400110679 }, { "year": 2020, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 3891254956.619991, "yoy_growth_pct": -48.98050090598204, "cagr_3y_pct": -12.63257978982436 }, { "year": 2021, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 4880832381.5933485, "yoy_growth_pct": 25.43080409804146, "cagr_3y_pct": -18.639689163367567 }, { "year": 2022, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 6470878769.836957, "yoy_growth_pct": 32.57736107144367, "cagr_3y_pct": -5.331988322220194 }, { "year": 2023, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 7160862679.557608, "yoy_growth_pct": 10.662908922616632, "cagr_3y_pct": 22.543953171456167 }, { "year": 2024, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "export_value_usd": 8169419398.773247, "yoy_growth_pct": 14.084290739086569, "cagr_3y_pct": 18.73144855195634 } ], "riskLanes": [ { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "270900", "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude", "buyer_imports_latest_usd": 76391775139.90384, "current_below_peak_pct": 29.271753722424, "lane_volatility_cv": 0.7778492621837511, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "271012", "hs_description": "", "buyer_imports_latest_usd": 18435085021.727493, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8161464816276826, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 5631815661.723692, "current_below_peak_pct": 67.43880095012209, "lane_volatility_cv": 0.726024194942652, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "890120", "hs_description": "Tankers", "buyer_imports_latest_usd": 1370410989.0748246, "current_below_peak_pct": 0, "lane_volatility_cv": 0.6320729510585085, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "760200", "hs_description": "Aluminium: waste and scrap", "buyer_imports_latest_usd": 1662820443.8393452, "current_below_peak_pct": 0, "lane_volatility_cv": 1.469316440390122, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "IRQ", "importer_iso3": "KOR", "hs_code": "843049", "hs_description": "Boring and sinking machinery: not self-propelled", "buyer_imports_latest_usd": 12593126.90272195, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "IRQ", "importer_iso3": "KOR", "distance_km": 7257, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 0, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 1798533.9150910003, "importer_gdp_per_capita_usd": 34757.71939879189, "importer_population": 51744.877, "importer_biz_entry_days": 8, "importer_biz_entry_cost_pct": 14.6, "exporter_gdp_million_usd": 207889.333724, "exporter_gdp_per_capita_usd": 5048.387690121982, "avg_applied_tariff_pct": 14.526160713131317, "avg_mfn_tariff_pct": 14.600262464040409, "avg_preferential_tariff_pct": 18.432050728686868, "tariff_advantage_pp": -3.8317882646464603 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/IRQ-KOR/risk", "html": "https://www.yugalinks.com/trade/corridor/IRQ-KOR/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/IRQ-KOR/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/IRQ-KOR/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/IRQ-KOR/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }