2018
Exports
$494MWorld Rnk 51 / 163
Flag Rnk 5 / 672
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2018
Imports
$3.4MWorld Rnk 157 / 220
Flag Rnk 588 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2018, Iraq exported $494M in Petroleum Gas, making it the 51st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 5th most exported product in Iraq. The main destination of Petroleum Gas exports from Iraq are: Pakistan ($202M), Oman ($172M), Sri Lanka ($94.5M), United Arab Emirates ($15.1M), and India ($6.34M).

The fastest growing export markets for Petroleum Gas of Iraq between 2022 and 2023 were Pakistan ($76.9M), Sri Lanka ($68.5M), and Armenia ($592k).

Imports In 2023, Iraq imported $3.4M in Petroleum Gas, becoming the 157th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 588th most imported product in Iraq. Iraq imports Petroleum Gas primarily from: United Arab Emirates ($3.2M), China ($130k), Armenia ($27.2k), Switzerland ($23.5k), and United States ($14.9k).

The fastest growing import markets in Petroleum Gas for Iraq between 2022 and 2023 were United Arab Emirates ($2.61M), China ($130k), and Armenia ($27.2k).

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 Petroleum Gas. 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)$494M
IMPORTS (2023)$3.4M
NET TRADE (2023)$491M

In 2023, Iraq exported $494M in Petroleum Gas. The main destinations of Iraq exports on Petroleum Gas were Pakistan ($202M), Oman ($172M), Sri Lanka ($94.5M), United Arab Emirates ($15.1M), and India ($6.34M).

In 2023, Iraq imported $3.4M in Petroleum Gas, mainly from United Arab Emirates ($3.2M), China ($130k), Armenia ($27.2k), Switzerland ($23.5k), and United States ($14.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
Pakistan$76.9M (61.5%)
Sri Lanka$68.5M (264%)
Armenia$592k (332%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Iraq WERE (2022 - 2023):
Oman-$38M (-18.1%)
China-$14M (-100%)
India-$13.6M (-68.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Petroleum Gas were:
In 2023, Iraq's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $86.8M
TOP IMPORT POTENTIALUnited Arab Emirates+ $576k

Petroleum Gas’s highest export potential is India. With an export gap of $86.8M.   Petroleum Gas’s highest import potential is United Arab Emirates with an import gap of $576k.

See methodology.

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