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2022
Exports $180kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ore-1.87Rnk 987 / 1025
2022
Imports $719kWorld Rnk 60 / 125
Flag Rnk 798 / 1135
2023
ECONOMIC COMPLEXITY of Iraq-0.71Rnk 97 / 132

About

Imports In 2023, Iraq imported $719k in Iron Ore, becoming the 60th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 798th most imported product in Iraq. Iraq imports Iron Ore primarily from: Turkey ($576k), China ($122k), and France ($21.7k).

The fastest growing import markets in Iron Ore for Iraq between 2022 and 2023 were France ($21.7k).

Latest Trends

Jan 2025

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 Iron Ore. 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)$180k
IMPORTS (2023)$719k
NET TRADE (2023)-$719k

In 2023, Iraq imported $719k in Iron Ore, mainly from Turkey ($576k), China ($122k), and France ($21.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Iraq WERE (N/A - 2022):
Qatar-$180k (-100%)
Canada-$1 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Iron Ore were:
Australia $85.4B
Brazil $34B
Canada $7.23B
In 2023, Iraq's main importing competitors in Iron Ore were:
China $112B
Japan $9.3B
South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALQatar+ $66.3k
TOP IMPORT POTENTIALChina+ $302k

Iron Ore’s highest export potential is Qatar. With an export gap of $66.3k.   Iron Ore’s highest import potential is China with an import gap of $302k.

See methodology.

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