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2022
Exports $37.4MWorld Rnk 6 / 131
Flag Rnk 10 / 642
2022
Destination $18.5M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $18.5MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $406kWorld Rnk 98 / 189
Flag Rnk 838 / 1145
2022
Origin $25.4k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $25.4kTurkey
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $37.4M in Bitumen and asphalt, making it the 6th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 10th most exported product in Iraq. The main destination of Bitumen and asphalt exports from Iraq are: United Arab Emirates ($21.2M), Oman ($11.3M), Ethiopia ($4.13M), Qatar ($345k), and Pakistan ($222k).

The fastest growing export markets for Bitumen and asphalt of Iraq between 2021 and 2022 were United Arab Emirates ($18.5M), Oman ($11.3M), and Ethiopia ($4.13M).

Imports In 2022, Iraq imported $406k in Bitumen and asphalt, becoming the 98th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 838th most imported product in Iraq. Iraq imports Bitumen and asphalt primarily from: United Arab Emirates ($216k), China ($100k), Turkey ($78.3k), and India ($10.7k).

The fastest growing import markets in Bitumen and asphalt for Iraq between 2021 and 2022 were Turkey ($25.4k).

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 Bitumen and asphalt. 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)$37.4M
IMPORTS (2022)$406k
NET TRADE (2022)$37M

In 2022, Iraq exported $37.4M in Bitumen and asphalt. The main destinations of Iraq exports on Bitumen and asphalt were United Arab Emirates ($21.2M), Oman ($11.3M), Ethiopia ($4.13M), Qatar ($345k), and Pakistan ($222k).

In 2022, Iraq imported $406k in Bitumen and asphalt, mainly from United Arab Emirates ($216k), China ($100k), Turkey ($78.3k), and India ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
United Arab Emirates$18.5M (688%)
Oman$11.3M (1%)
Ethiopia$4.13M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Iraq WERE (2021 - 2022):Canada-$30.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Iraq's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $474k
TOP IMPORT POTENTIALTurkey+ $91.1k

Bitumen and asphalt’s highest export potential is China. With an export gap of $474k.   Bitumen and asphalt’s highest import potential is Turkey with an import gap of $91.1k.

See methodology.

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