2022
Exports
$71MWorld Rnk 87 / 218
Flag Rnk 5 / 91
2022
PRODUCT COMPLEXITY IN Copper articles
1.39Rnk 71 / 1025
2022
Imports
$80.6MWorld Rnk 79 / 225
Flag Rnk 59 / 96
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $71M in Copper articles, making it the 87th largest exporter of Copper articles in the world. At the same year, Copper articles was the 5th most exported product in Iraq. The main destination of Copper articles exports from Iraq are: Turkey ($71M), Oman ($872), and United Arab Emirates ($647).

The fastest growing export markets for Copper articles of Iraq between 2021 and 2022 were Turkey ($12.2M) and Oman ($872).

Imports In 2022, Iraq imported $80.6M in Copper articles, becoming the 79th largest importer of Copper articles in the world. At the same year, Copper articles was the 59th most imported product in Iraq. Iraq imports Copper articles primarily from: United Arab Emirates ($34.9M), China ($16.4M), Turkey ($12.8M), South Korea ($5.47M), and India ($2.39M).

The fastest growing import markets in Copper articles for Iraq between 2021 and 2022 were United Arab Emirates ($17.1M), China ($4.92M), and South Korea ($4.35M).

Latest Trends

Jul 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 Copper articles. 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)$71M
IMPORTS (2022)$80.6M
NET TRADE (2022)-$9.59M

In 2022, Iraq exported $71M in Copper articles. The main destinations of Iraq exports on Copper articles were Turkey ($71M), Oman ($872), and United Arab Emirates ($647).

In 2022, Iraq imported $80.6M in Copper articles, mainly from United Arab Emirates ($34.9M), China ($16.4M), Turkey ($12.8M), South Korea ($5.47M), and India ($2.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper articles EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$12.2M (20.7%)
Oman$872 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper articles BY Iraq WERE (2021 - 2022):
China-$168k (-100%)
Iran-$63.8k (-100%)
United Kingdom-$11.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Copper articles were:
In 2022, Iraq's main importing competitors in Copper articles were:

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Trade Value of Copper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $9.44M
TOP IMPORT POTENTIALChina+ $5.77M

Copper articles’s highest export potential is Turkey. With an export gap of $9.44M.   Copper articles’s highest import potential is China with an import gap of $5.77M.

See methodology.

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