China / Iraq

Overview In October 2024, China exported $1.18B and imported $2.62B from Iraq, resulting in a negative trade balance of $1.45B. Between October 2023 and October 2024 the exports of China have increased by $95.7M (8.85%) from $1.08B to $1.18B, while imports decreased by $-424M (-13.9%) from $3.05B to $2.62B.

Trade In October 2024, the top exports of China to Iraq were Air Conditioners ($93M), Light Fixtures ($51.6M), Iron Pipes ($47.8M), Motor vehicles; parts and accessories (8701... ($44.2M), and Rubber Footwear ($42.9M). In October 2024 the top imports of China from Iraq were Crude Petroleum ($2.63B), Petroleum Coke ($128k), Prepr binder for foundry ($33.5k), Commodities not elsewhere specified ($10.5k), and Flavored Water ($256).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($413M), Guangdong Province ($198M), Shandong Province ($118M), Jiangsu Province ($88.6M), and Beijing ($49.2M), while imports destinations were mainly Beijing ($1.95B), Jiangsu Province ($220M), Zhejiang Province ($176M), Fujian Province ($143M), and Liaoning Province ($77.5M).

Growth In October 2024, the increase in China's year-by-year exports to Iraq was explained primarily by an increase in product exports in Iron Pipes ($24.6M or 106%), Motor vehicles; parts and accessories (8701... ($16.6M or 59.9%), and Air Pumps ($10.4M or 54.1%). In October 2024, the decrease in China's year-by-year imports  from Iraq was explained primarily by an decrease in product imports  in Crude Petroleum ($-1.24B or -32.1%) and Commodities not elsewhere specified ($-1.2k or -10.2%).