2022
Exports
$542kWorld Rnk 143 / 217
Flag Rnk 96 / 642
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$912MWorld Rnk 57 / 224
Flag Rnk 9 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $542k in Packaged Medicaments, making it the 143rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 96th most exported product in Iraq. The main destination of Packaged Medicaments exports from Iraq are: Turkey ($453k), India ($83.7k), United Arab Emirates ($3.41k), Rwanda ($571), and Portugal ($292).

The fastest growing export markets for Packaged Medicaments of Iraq between 2021 and 2022 were Turkey ($98k), India ($82.6k), and United Arab Emirates ($2.47k).

Imports In 2022, Iraq imported $912M in Packaged Medicaments, becoming the 57th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 9th most imported product in Iraq. Iraq imports Packaged Medicaments primarily from: United Arab Emirates ($109M), Turkey ($99.6M), India ($94M), Jordan ($93.3M), and United Kingdom ($82.3M).

The fastest growing import markets in Packaged Medicaments for Iraq between 2021 and 2022 were Canada ($6.32M), France ($5.8M), and Lebanon ($3.44M).

Latest Trends

May 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 Packaged Medicaments. 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)$542k
IMPORTS (2022)$912M
NET TRADE (2022)-$912M

In 2022, Iraq exported $542k in Packaged Medicaments. The main destinations of Iraq exports on Packaged Medicaments were Turkey ($453k), India ($83.7k), United Arab Emirates ($3.41k), Rwanda ($571), and Portugal ($292).

In 2022, Iraq imported $912M in Packaged Medicaments, mainly from United Arab Emirates ($109M), Turkey ($99.6M), India ($94M), Jordan ($93.3M), and United Kingdom ($82.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$98k (27.6%)
India$82.6k (7.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Iraq WERE (2021 - 2022):
Romania-$38.6k (-99.4%)
Botswana-$1.55k (-100%)
Rwanda-$651 (-53.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Packaged Medicaments were:
In 2022, Iraq's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $520k
TOP IMPORT POTENTIALIndia+ $66.3M

Packaged Medicaments’s highest export potential is Turkey. With an export gap of $520k.   Packaged Medicaments’s highest import potential is India with an import gap of $66.3M.

See methodology.

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