2022
Exports
$1.08MWorld Rnk 75 / 179
Flag Rnk 70 / 642
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$4.85MWorld Rnk 74 / 211
Flag Rnk 538 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $1.08M in Compasses, making it the 75th largest exporter of Compasses in the world. At the same year, Compasses was the 70th most exported product in Iraq. The main destination of Compasses exports from Iraq are: Netherlands ($1.08M) and Czechia ($1.29k).

The fastest growing export markets for Compasses of Iraq between 2021 and 2022 were Netherlands ($502k) and Czechia ($279).

Imports In 2022, Iraq imported $4.85M in Compasses, becoming the 74th largest importer of Compasses in the world. At the same year, Compasses was the 538th most imported product in Iraq. Iraq imports Compasses primarily from: Czechia ($3.11M), United States ($914k), China ($306k), United Arab Emirates ($208k), and Italy ($123k).

The fastest growing import markets in Compasses for Iraq between 2021 and 2022 were Czechia ($3.1M), United States ($583k), and China ($157k).

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 Compasses. 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)$1.08M
IMPORTS (2022)$4.85M
NET TRADE (2022)-$3.76M

In 2022, Iraq exported $1.08M in Compasses. The main destinations of Iraq exports on Compasses were Netherlands ($1.08M) and Czechia ($1.29k).

In 2022, Iraq imported $4.85M in Compasses, mainly from Czechia ($3.11M), United States ($914k), China ($306k), United Arab Emirates ($208k), and Italy ($123k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Netherlands$502k (86.7%)
Czechia$279 (27.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Iraq WERE (2021 - 2022):
United Kingdom-$8.81k (-100%)
United Arab Emirates-$2.14k (-100%)
South Korea-$1.13k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Compasses were:
In 2022, Iraq's main importing competitors in Compasses were:

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $14.1k
TOP IMPORT POTENTIALUnited States+ $501k

Compasses’s highest export potential is Netherlands. With an export gap of $14.1k.   Compasses’s highest import potential is United States with an import gap of $501k.

See methodology.

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