2022
Exports
$337kWorld Rnk 146 / 221
Flag Rnk 121 / 642
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$221MWorld Rnk 48 / 224
Flag Rnk 65 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $337k in Excavation Machinery, making it the 146th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 121st most exported product in Iraq. The main destination of Excavation Machinery exports from Iraq are: Romania ($184k), Italy ($134k), United States ($9.99k), Netherlands ($6.1k), and Malaysia ($2.04k).

The fastest growing export markets for Excavation Machinery of Iraq between 2021 and 2022 were Romania ($184k), Italy ($78.4k), and United States ($9.99k).

Imports In 2022, Iraq imported $221M in Excavation Machinery, becoming the 48th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 65th most imported product in Iraq. Iraq imports Excavation Machinery primarily from: United States ($59.5M), China ($55.7M), United Arab Emirates ($54.8M), Turkey ($22.4M), and Canada ($7.33M).

The fastest growing import markets in Excavation Machinery for Iraq between 2021 and 2022 were United States ($36.2M), China ($16.3M), and Turkey ($6.05M).

Latest Trends

Apr 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 Excavation Machinery. 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)$337k
IMPORTS (2022)$221M
NET TRADE (2022)-$221M

In 2022, Iraq exported $337k in Excavation Machinery. The main destinations of Iraq exports on Excavation Machinery were Romania ($184k), Italy ($134k), United States ($9.99k), Netherlands ($6.1k), and Malaysia ($2.04k).

In 2022, Iraq imported $221M in Excavation Machinery, mainly from United States ($59.5M), China ($55.7M), United Arab Emirates ($54.8M), Turkey ($22.4M), and Canada ($7.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Romania$184k (1%)
Italy$78.4k (142%)
United States$9.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Iraq WERE (2021 - 2022):
United Arab Emirates-$109k (-98.7%)
Germany-$23.1k (-100%)
Saudi Arabia-$21.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Excavation Machinery by Exporters

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