2022
Exports
$618kWorld Rnk 92 / 214
Flag Rnk 89 / 642
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$35.8MWorld Rnk 64 / 223
Flag Rnk 248 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $618k in Thermostats, making it the 92nd largest exporter of Thermostats in the world. At the same year, Thermostats was the 89th most exported product in Iraq. The main destination of Thermostats exports from Iraq are: Netherlands ($563k), United States ($22.5k), Germany ($12.3k), Lithuania ($10.2k), and United Arab Emirates ($3.87k).

The fastest growing export markets for Thermostats of Iraq between 2021 and 2022 were Netherlands ($478k), United States ($22.5k), and Germany ($12.3k).

Imports In 2022, Iraq imported $35.8M in Thermostats, becoming the 64th largest importer of Thermostats in the world. At the same year, Thermostats was the 248th most imported product in Iraq. Iraq imports Thermostats primarily from: United Arab Emirates ($17.9M), China ($5.56M), Turkey ($4.5M), Italy ($2.72M), and Germany ($1.06M).

The fastest growing import markets in Thermostats for Iraq between 2021 and 2022 were United Arab Emirates ($7.32M), Turkey ($2.16M), and Netherlands ($249k).

Latest Trends

Sep 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 Thermostats. 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)$618k
IMPORTS (2022)$35.8M
NET TRADE (2022)-$35.2M

In 2022, Iraq exported $618k in Thermostats. The main destinations of Iraq exports on Thermostats were Netherlands ($563k), United States ($22.5k), Germany ($12.3k), Lithuania ($10.2k), and United Arab Emirates ($3.87k).

In 2022, Iraq imported $35.8M in Thermostats, mainly from United Arab Emirates ($17.9M), China ($5.56M), Turkey ($4.5M), Italy ($2.72M), and Germany ($1.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Netherlands$478k (566%)
United States$22.5k (1%)
Germany$12.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Iraq WERE (2021 - 2022):
Iran-$31.1k (-100%)
Turkey-$6.93k (-77.5%)
Azerbaijan-$2.68k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Iraq's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $116k
TOP IMPORT POTENTIALChina+ $4.52M

Thermostats’s highest export potential is Netherlands. With an export gap of $116k.   Thermostats’s highest import potential is China with an import gap of $4.52M.

See methodology.

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