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Exports In 2023, Iraq exported $1.33B in Gold, making it the 51st largest exporter of Gold in the world. At the same year, Gold was the 4th most exported product in Iraq. The main destination of Gold exports from Iraq are: United Arab Emirates ($1.18B) and Turkey ($148M).

The fastest growing export markets for Gold of Iraq between 2022 and 2023 were United Arab Emirates ($483M).

Imports In 2023, Iraq imported $2.19B in Gold, becoming the 22nd largest importer of Gold in the world. At the same year, Gold was the 5th most imported product in Iraq. Iraq imports Gold primarily from: United Arab Emirates ($1.96B), Turkey ($225M), Australia ($117k), and Central African Republic ($36.1k).

The fastest growing import markets in Gold for Iraq between 2022 and 2023 were United Arab Emirates ($1.05B), Turkey ($225M), and Australia ($117k).

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 Gold. 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)$1.33B
IMPORTS (2023)$2.19B
NET TRADE (2023)-$857M

In 2023, Iraq exported $1.33B in Gold. The main destinations of Iraq exports on Gold were United Arab Emirates ($1.18B) and Turkey ($148M).

In 2023, Iraq imported $2.19B in Gold, mainly from United Arab Emirates ($1.96B), Turkey ($225M), Australia ($117k), and Central African Republic ($36.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Iraq WERE (2022 - 2023):United Arab Emirates$483M (68.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Iraq WERE (2022 - 2023):
Turkey-$178M (-54.7%)
Nepal-$401 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Iraq's main exporting competitors in Gold were:
In 2023, Iraq's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $127M
TOP IMPORT POTENTIALUnited States+ $2.53M

Gold’s highest export potential is Turkey. With an export gap of $127M.   Gold’s highest import potential is United States with an import gap of $2.53M.

See methodology.

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