2021
Exports
$27World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2021
Imports
$23.7MWorld Rnk 56 / 200
Flag Rnk 296 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Imports In 2022, Iraq imported $23.7M in Soybeans, becoming the 56th largest importer of Soybeans in the world. At the same year, Soybeans was the 296th most imported product in Iraq. Iraq imports Soybeans primarily from: United States ($23.6M), Turkey ($68k), Ukraine ($23.5k), India ($12.5k), and South Korea ($534).

The fastest growing import markets in Soybeans for Iraq between 2021 and 2022 were United States ($23.6M), Turkey ($68k), and Ukraine ($23.5k).

Latest Trends

Aug 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 Soybeans. 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)$27
IMPORTS (2022)$23.7M
NET TRADE (2022)-$23.7M

In 2022, Iraq imported $23.7M in Soybeans, mainly from United States ($23.6M), Turkey ($68k), Ukraine ($23.5k), India ($12.5k), and South Korea ($534).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Iraq WERE (N/A - 2021):United Arab Emirates-$27 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Soybeans were:
In 2022, Iraq's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.08k
TOP IMPORT POTENTIALUnited States+ $4.69M

Soybeans’s highest export potential is China. With an export gap of $1.08k.   Soybeans’s highest import potential is United States with an import gap of $4.69M.

See methodology.

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