2023
Exports
$132World Rnk 135 / 142
Flag Rnk 613 / 672
2023
PRODUCT COMPLEXITY IN Synthetic Rubber
0.45Rnk 383 / 1025
2023
Imports
$15.9MWorld Rnk 65 / 205
Flag Rnk 374 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $132 in Synthetic Rubber, making it the 135th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 613th most exported product in Iraq. The main destination of Synthetic Rubber exports from Iraq are: Bulgaria ($67) and China ($65).

The fastest growing export markets for Synthetic Rubber of Iraq between 2022 and 2023 were Bulgaria ($67) and China ($65).

Imports In 2023, Iraq imported $15.9M in Synthetic Rubber, becoming the 65th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 374th most imported product in Iraq. Iraq imports Synthetic Rubber primarily from: United Arab Emirates ($10.4M), Turkey ($3.41M), Germany ($460k), Saudi Arabia ($367k), and Italy ($305k).

The fastest growing import markets in Synthetic Rubber for Iraq between 2022 and 2023 were United Arab Emirates ($7.94M), Turkey ($341k), and Saudi Arabia ($276k).

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 Synthetic Rubber. 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)$132
IMPORTS (2023)$15.9M
NET TRADE (2023)-$15.9M

In 2023, Iraq exported $132 in Synthetic Rubber. The main destinations of Iraq exports on Synthetic Rubber were Bulgaria ($67) and China ($65).

In 2023, Iraq imported $15.9M in Synthetic Rubber, mainly from United Arab Emirates ($10.4M), Turkey ($3.41M), Germany ($460k), Saudi Arabia ($367k), and Italy ($305k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
Bulgaria$67 (1%)
China$65 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Iraq WERE (2022 - 2023):Iran-$48.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Synthetic Rubber were:
In 2023, Iraq's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $861
TOP IMPORT POTENTIALSouth Korea+ $887k

Synthetic Rubber’s highest export potential is China. With an export gap of $861.   Synthetic Rubber’s highest import potential is South Korea with an import gap of $887k.

See methodology.

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