HS Icon Crude Petroleum in  Flag Iraq

2021
Exports | Imports
: $72B | $33k, World Rnk 4 / 147
Flag Rnk 1 / 673 | World Rnk 113 / 163
Flag Rnk 1001 / 1145

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $8.89B | $23k, India |  Australia

2021
ECONOMIC COMPLEXITY of Iraq
: -1.12, Rnk 112 / 131

2021
PRODUCT COMPLEXITY IN Crude Petroleum
: -2.36, Rnk 1013 / 1024

Exports In 2021, Iraq exported $72B in Crude Petroleum, making it the 4th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Iraq. The main destination of Crude Petroleum exports from Iraq are: China ($23.1B), India ($22.1B), Greece ($8.67B), Italy ($3.97B), and South Korea ($3.5B).

The fastest growing export markets for Crude Petroleum of Iraq between 2020 and 2021 were India ($8.89B), Greece ($6.62B), and China ($6.18B).

Imports In 2021, Iraq imported $33k in Crude Petroleum, becoming the 113th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1001st most imported product in Iraq. Iraq imports Crude Petroleum primarily from: Australia ($23k) and United Arab Emirates ($9.94k).

The fastest growing import markets in Crude Petroleum for Iraq between N/A and 2021 were Australia ($23k) and United Arab Emirates ($9.94k).

Jun 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Crude Petroleum. 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

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EXPORTS (2021): $72B

IMPORTS (2021): $33k

NET TRADE (2021): $72B

In 2021, Iraq exported $72B in Crude Petroleum. The main destinations of Iraq exports on Crude Petroleum were China ($23.1B), India ($22.1B), Greece ($8.67B), Italy ($3.97B), and South Korea ($3.5B).

In 2021, Iraq imported $33k in Crude Petroleum, mainly from Australia ($23k) and United Arab Emirates ($9.94k).

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Iraq WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Iraq WERE (2020 - 2021):

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Market Concentration

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In 2021, Iraq's main exporting competitors in Crude Petroleum were:

In 2021, Iraq's main importing competitors in Crude Petroleum were:

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