2022
Exports
$1.03BWorld Rnk 53 / 176
Flag Rnk 3 / 642
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$916MWorld Rnk 28 / 178
Flag Rnk 8 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $1.03B in Gold, making it the 53rd largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Iraq. The main destination of Gold exports from Iraq are: United Arab Emirates ($701M), Turkey ($326M), and Nepal ($401).

Imports In 2022, Iraq imported $916M in Gold, becoming the 28th largest importer of Gold in the world. At the same year, Gold was the 8th most imported product in Iraq. Iraq imports Gold primarily from: United Arab Emirates ($916M), United States ($439k), Netherlands ($173k), and Spain ($13.6k).

The fastest growing import markets in Gold for Iraq between 2021 and 2022 were United Arab Emirates ($904M), United States ($439k), and Netherlands ($173k).

Latest Trends

Aug 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 Gold. 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)$1.03B
IMPORTS (2022)$916M
NET TRADE (2022)$111M

In 2022, Iraq exported $1.03B in Gold. The main destinations of Iraq exports on Gold were United Arab Emirates ($701M), Turkey ($326M), and Nepal ($401).

In 2022, Iraq imported $916M in Gold, mainly from United Arab Emirates ($916M), United States ($439k), Netherlands ($173k), and Spain ($13.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Iraq WERE (2021 - 2022):
Turkey-$645M (-66.4%)
United Arab Emirates-$409M (-36.8%)
Sweden-$3.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $127M
TOP IMPORT POTENTIALUnited States+ $2.53M

Gold’s highest export potential is Turkey. With an export gap of $127M.   Gold’s highest import potential is United States with an import gap of $2.53M.

See methodology.

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