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2021
Exports $654World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Stainless Steel Wire1.45Rnk 53 / 1025
2021
Imports $2.32MWorld Rnk 65 / 203
Flag Rnk 637 / 1135
2023
ECONOMIC COMPLEXITY of Iraq-0.71Rnk 97 / 132

About

Imports In 2023, Iraq imported $2.32M in Stainless Steel Wire, becoming the 65th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 637th most imported product in Iraq. Iraq imports Stainless Steel Wire primarily from: Jordan ($1.48M), United Arab Emirates ($710k), Turkey ($32.9k), China ($26.1k), and Saudi Arabia ($22k).

The fastest growing import markets in Stainless Steel Wire for Iraq between 2022 and 2023 were Jordan ($1.48M), United Arab Emirates ($153k), and Turkey ($31.3k).

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 Stainless Steel Wire. 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)$654
IMPORTS (2023)$2.32M
NET TRADE (2023)-$2.32M

In 2023, Iraq imported $2.32M in Stainless Steel Wire, mainly from Jordan ($1.48M), United Arab Emirates ($710k), Turkey ($32.9k), China ($26.1k), and Saudi Arabia ($22k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Stainless Steel Wire were:
India $429M
China $331M
South Korea $246M
In 2023, Iraq's main importing competitors in Stainless Steel Wire were:
Germany $279M
United States $240M
China $171M

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $428
TOP IMPORT POTENTIALChina+ $192k

Stainless Steel Wire’s highest export potential is United States. With an export gap of $428.   Stainless Steel Wire’s highest import potential is China with an import gap of $192k.

See methodology.

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