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2021
Exports $578kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2021
Imports $10MWorld Rnk 67 / 215
Flag Rnk 441 / 1145
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Imports In 2022, Iraq imported $10M in Rock Wool, becoming the 67th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 441st most imported product in Iraq. Iraq imports Rock Wool primarily from: Turkey ($6.37M), China ($1.62M), India ($954k), United Arab Emirates ($669k), and Germany ($154k).

The fastest growing import markets in Rock Wool for Iraq between 2021 and 2022 were Turkey ($3.23M), India ($590k), and Greece ($50.6k).

Latest Trends

Jul 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 Rock Wool. 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 (2021)$578k
IMPORTS (2022)$10M
NET TRADE (2022)-$10M

In 2022, Iraq imported $10M in Rock Wool, mainly from Turkey ($6.37M), China ($1.62M), India ($954k), United Arab Emirates ($669k), and Germany ($154k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Iraq WERE (N/A - 2021):
United Arab Emirates-$551k (-100%)
Netherlands-$21.2k (-100%)
Turkey-$5.4k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Rock Wool were:
Germany $667M
Poland $567M
China $552M
In 2022, Iraq's main importing competitors in Rock Wool were:
Germany $513M
United States $426M
Italy $356M

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $472
TOP IMPORT POTENTIALChina+ $848k

Rock Wool’s highest export potential is United States. With an export gap of $472.   Rock Wool’s highest import potential is China with an import gap of $848k.

See methodology.

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