There doesn't seem to exist any direct way how .iwa files could be converted to anything else. It appears that .iwa files are found inside compressed documents from iWorks (.pages, .numbers etc.) and replaced the previously used XMLs that were utilized for the document structure.
If you want to convert your document, you will need to convert it as whole, not just a part from inside. So for example convert pages to doc.
It may be possible to somehow decode the .iwa files (they feature Snappy compression) and rebuild some kind of "old" version of iWorks documents, but that seems like highly unreliably and somewhat complicated way to achieve iwa to doc conversion.