2022
Exports
$54.6kWorld Rnk 156 / 194
Flag Rnk 231 / 642
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$70.3MWorld Rnk 67 / 223
Flag Rnk 168 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $54.6k in Stone Processing Machines, making it the 156th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 231st most exported product in Iraq. The main destination of Stone Processing Machines exports from Iraq are: Turkey ($52.3k), Oman ($2.13k), Sweden ($96), and Nepal ($8).

The fastest growing export markets for Stone Processing Machines of Iraq between 2021 and 2022 were Turkey ($49.5k), Oman ($562), and Sweden ($96).

Imports In 2022, Iraq imported $70.3M in Stone Processing Machines, becoming the 67th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 168th most imported product in Iraq. Iraq imports Stone Processing Machines primarily from: Turkey ($31.5M), China ($16.6M), Germany ($8.43M), Spain ($3.44M), and United Arab Emirates ($3.01M).

The fastest growing import markets in Stone Processing Machines for Iraq between 2021 and 2022 were Turkey ($11.4M), China ($8.84M), and Germany ($6.38M).

Latest Trends

Oct 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 Stone Processing Machines. 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)$54.6k
IMPORTS (2022)$70.3M
NET TRADE (2022)-$70.2M

In 2022, Iraq exported $54.6k in Stone Processing Machines. The main destinations of Iraq exports on Stone Processing Machines were Turkey ($52.3k), Oman ($2.13k), Sweden ($96), and Nepal ($8).

In 2022, Iraq imported $70.3M in Stone Processing Machines, mainly from Turkey ($31.5M), China ($16.6M), Germany ($8.43M), Spain ($3.44M), and United Arab Emirates ($3.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$49.5k (1.73k%)
Oman$562 (35.8%)
Sweden$96 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Iraq WERE (2021 - 2022):
Iran-$32.5k (-100%)
United Arab Emirates-$2.57k (-100%)
Netherlands-$290 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Iraq's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $56.5k
TOP IMPORT POTENTIALChina+ $7.47M

Stone Processing Machines’s highest export potential is Turkey. With an export gap of $56.5k.   Stone Processing Machines’s highest import potential is China with an import gap of $7.47M.

See methodology.

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