2022
Exports
$930kWorld Rnk 115 / 224
Flag Rnk 76 / 642
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$272MWorld Rnk 59 / 225
Flag Rnk 48 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $930k in Medical Instruments, making it the 115th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 76th most exported product in Iraq. The main destination of Medical Instruments exports from Iraq are: Netherlands ($589k), Italy ($112k), Germany ($54.8k), South Korea ($34.2k), and United Arab Emirates ($31.6k).

The fastest growing export markets for Medical Instruments of Iraq between 2021 and 2022 were Netherlands ($432k), Italy ($86.9k), and United Arab Emirates ($23.6k).

Imports In 2022, Iraq imported $272M in Medical Instruments, becoming the 59th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 48th most imported product in Iraq. Iraq imports Medical Instruments primarily from: China ($50.8M), Germany ($36.1M), United Arab Emirates ($29.1M), Netherlands ($28.9M), and South Korea ($20.9M).

The fastest growing import markets in Medical Instruments for Iraq between 2021 and 2022 were United Arab Emirates ($17.8M), China ($7.9M), and Belgium ($7.42M).

Latest Trends

Sep 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 Medical Instruments. 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)$930k
IMPORTS (2022)$272M
NET TRADE (2022)-$271M

In 2022, Iraq exported $930k in Medical Instruments. The main destinations of Iraq exports on Medical Instruments were Netherlands ($589k), Italy ($112k), Germany ($54.8k), South Korea ($34.2k), and United Arab Emirates ($31.6k).

In 2022, Iraq imported $272M in Medical Instruments, mainly from China ($50.8M), Germany ($36.1M), United Arab Emirates ($29.1M), Netherlands ($28.9M), and South Korea ($20.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Netherlands$432k (276%)
Italy$86.9k (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Iraq WERE (2021 - 2022):
India-$81.3k (-95.8%)
South Korea-$63.2k (-64.9%)
Denmark-$60.6k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Medical Instruments were:
In 2022, Iraq's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $513k
TOP IMPORT POTENTIALChina+ $20.8M

Medical Instruments’s highest export potential is Netherlands. With an export gap of $513k.   Medical Instruments’s highest import potential is China with an import gap of $20.8M.

See methodology.

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