2023
Exports
$7.87MWorld Rnk 14 / 107
Flag Rnk 29 / 672
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$205kWorld Rnk 76 / 175
Flag Rnk 908 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $7.87M in Iron Ingots, making it the 14th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 29th most exported product in Iraq. The main destination of Iron Ingots exports from Iraq are: Jordan ($7.87M).

The fastest growing export markets for Iron Ingots of Iraq between 2022 and 2023 were Jordan ($7.87M).

Imports In 2023, Iraq imported $205k in Iron Ingots, becoming the 76th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 908th most imported product in Iraq. Iraq imports Iron Ingots primarily from: United Arab Emirates ($195k), Germany ($8.6k), and Turkey ($1k).

The fastest growing import markets in Iron Ingots for Iraq between 2022 and 2023 were United Arab Emirates ($54.1k), Germany ($8.6k), and Turkey ($1k).

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 Iron Ingots. 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)$7.87M
IMPORTS (2023)$205k
NET TRADE (2023)$7.67M

In 2023, Iraq exported $7.87M in Iron Ingots. The main destinations of Iraq exports on Iron Ingots were Jordan ($7.87M).

In 2023, Iraq imported $205k in Iron Ingots, mainly from United Arab Emirates ($195k), Germany ($8.6k), and Turkey ($1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Iraq WERE (2022 - 2023):Jordan$7.87M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Iraq WERE (2022 - 2023):Iran-$69.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Iraq's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $382
TOP IMPORT POTENTIALIndia+ $1.33k

Iron Ingots’s highest export potential is Italy. With an export gap of $382.   Iron Ingots’s highest import potential is India with an import gap of $1.33k.

See methodology.

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