2022
Exports
$19.9kWorld Rnk 146 / 219
Flag Rnk 306 / 642
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$28.9MWorld Rnk 67 / 220
Flag Rnk 273 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $19.9k in Ball Bearings, making it the 146th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 306th most exported product in Iraq. The main destination of Ball Bearings exports from Iraq are: Nigeria ($13.9k), Turkey ($3.39k), Oman ($1.77k), Romania ($513), and Argentina ($175).

The fastest growing export markets for Ball Bearings of Iraq between 2021 and 2022 were Nigeria ($12.3k), Turkey ($3.39k), and Oman ($1.77k).

Imports In 2022, Iraq imported $28.9M in Ball Bearings, becoming the 67th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 273rd most imported product in Iraq. Iraq imports Ball Bearings primarily from: United Arab Emirates ($18.5M), China ($5.47M), Turkey ($1.58M), Germany ($820k), and India ($780k).

The fastest growing import markets in Ball Bearings for Iraq between 2021 and 2022 were United Arab Emirates ($3.8M), China ($1.52M), and Czechia ($240k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ball Bearings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.9k
IMPORTS (2022)$28.9M
NET TRADE (2022)-$28.8M

In 2022, Iraq exported $19.9k in Ball Bearings. The main destinations of Iraq exports on Ball Bearings were Nigeria ($13.9k), Turkey ($3.39k), Oman ($1.77k), Romania ($513), and Argentina ($175).

In 2022, Iraq imported $28.9M in Ball Bearings, mainly from United Arab Emirates ($18.5M), China ($5.47M), Turkey ($1.58M), Germany ($820k), and India ($780k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Nigeria$12.3k (792%)
Turkey$3.39k (1%)
Oman$1.77k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Iraq WERE (2021 - 2022):
Iran-$108k (-100%)
United Arab Emirates-$10.2k (-100%)
Colombia-$7.63k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Iraq's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $10.8k
TOP IMPORT POTENTIALChina+ $4.77M

Ball Bearings’s highest export potential is Turkey. With an export gap of $10.8k.   Ball Bearings’s highest import potential is China with an import gap of $4.77M.

See methodology.

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