2023
Exports
$114MWorld Rnk 2 / 125
Flag Rnk 8 / 672
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.77Rnk 776 / 1025
2023
Imports
$621kWorld Rnk 84 / 188
Flag Rnk 811 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $114M in Bitumen and asphalt, making it the 2nd largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 8th most exported product in Iraq. The main destination of Bitumen and asphalt exports from Iraq are: United Arab Emirates ($92M), Oman ($18M), Ethiopia ($2.5M), Pakistan ($1.61M), and Jordan ($222k).

The fastest growing export markets for Bitumen and asphalt of Iraq between 2022 and 2023 were United Arab Emirates ($68.4M), Oman ($5.34M), and Pakistan ($1.36M).

Imports In 2023, Iraq imported $621k in Bitumen and asphalt, becoming the 84th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 811th most imported product in Iraq. Iraq imports Bitumen and asphalt primarily from: United Arab Emirates ($488k), China ($111k), United States ($9.9k), Oman ($7.55k), and Turkey ($4.18k).

The fastest growing import markets in Bitumen and asphalt for Iraq between 2022 and 2023 were United Arab Emirates ($271k), China ($11k), and United States ($9.9k).

Latest Trends

Dec 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 Bitumen and asphalt. 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 (2023)$114M
IMPORTS (2023)$621k
NET TRADE (2023)$114M

In 2023, Iraq exported $114M in Bitumen and asphalt. The main destinations of Iraq exports on Bitumen and asphalt were United Arab Emirates ($92M), Oman ($18M), Ethiopia ($2.5M), Pakistan ($1.61M), and Jordan ($222k).

In 2023, Iraq imported $621k in Bitumen and asphalt, mainly from United Arab Emirates ($488k), China ($111k), United States ($9.9k), Oman ($7.55k), and Turkey ($4.18k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
Oman$5.34M (42.1%)
Pakistan$1.36M (545%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Iraq WERE (2022 - 2023):
Ethiopia-$2.16M (-46.4%)
Qatar-$385k (-100%)
China-$163k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Bitumen and asphalt were:
In 2023, Iraq's main importing competitors in Bitumen and asphalt were:

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $474k
TOP IMPORT POTENTIALTurkey+ $91.1k

Bitumen and asphalt’s highest export potential is China. With an export gap of $474k.   Bitumen and asphalt’s highest import potential is Turkey with an import gap of $91.1k.

See methodology.

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