2022
Exports
$6.97MWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.54Rnk 355 / 1025
2022
Imports
$224MWorld Rnk 56 / 211
Flag Rnk 66 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Imports In 2023, Iraq imported $224M in Hot-Rolled Iron, becoming the 56th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 66th most imported product in Iraq. Iraq imports Hot-Rolled Iron primarily from: China ($128M), Turkey ($63M), United Arab Emirates ($20.8M), Ukraine ($7.95M), and Egypt ($2.86M).

The fastest growing import markets in Hot-Rolled Iron for Iraq between 2022 and 2023 were China ($85.8M), United Arab Emirates ($7.12M), and Egypt ($2.86M).

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 Hot-Rolled Iron. 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)$6.97M
IMPORTS (2023)$224M
NET TRADE (2023)-$224M

In 2023, Iraq imported $224M in Hot-Rolled Iron, mainly from China ($128M), Turkey ($63M), United Arab Emirates ($20.8M), Ukraine ($7.95M), and Egypt ($2.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Iraq WERE (N/A - 2022):
Oman-$6.97M (-100%)
United Arab Emirates-$5.93k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Hot-Rolled Iron were:
China $16.4B
Japan $10.4B
In 2023, Iraq's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $46.5k
TOP IMPORT POTENTIALChina+ $16.7M

Hot-Rolled Iron’s highest export potential is United Arab Emirates. With an export gap of $46.5k.   Hot-Rolled Iron’s highest import potential is China with an import gap of $16.7M.

See methodology.

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