China / Iraq

Overview In February 2024, China exported $1.04B and imported $2.95B from Iraq, resulting in a negative trade balance of $1.91B. Between February 2023 and February 2024 the exports of China have increased by $337M (48.1%) from $701M to $1.04B, while imports increased by $53.1M (1.83%) from $2.9B to $2.95B.

Trade In February 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 February 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 February 2024 the exports of China were mainly from Zhejiang Province ($301M), Guangdong Province ($291M), Jiangsu Province ($109M), Shandong Province ($83.8M), and Tianjin ($39.8M), while imports destinations were mainly Beijing ($2.33B), Zhejiang Province ($372M), Jiangsu Province ($251M), Shanghai Province ($1.1M), and Guangdong Province ($789k).

Growth In February 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 February 2024, the increase in China's year-by-year imports  from Iraq was explained primarily by an increase in product imports  in Flavored Water ($55 or 27.4%).