2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
falseWorld Rnk 60 / 219
Flag Rnk 140 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported N/A in Lifting Machinery, making it the 166th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 365th most exported product in Iraq. The main destination of Lifting Machinery exports from Iraq are: Egypt ($7.72k) and Turkey ($1.3k).

The fastest growing export markets for Lifting Machinery of Iraq between 2021 and 2022 were Egypt ($2.7k) and Turkey ($925).

Imports In 2022, Iraq imported $91.1M in Lifting Machinery, becoming the 60th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 140th most imported product in Iraq. Iraq imports Lifting Machinery primarily from: China ($42.1M), Turkey ($15.9M), South Korea ($6.5M), Germany ($4.51M), and Netherlands ($4.07M).

The fastest growing import markets in Lifting Machinery for Iraq between 2021 and 2022 were China ($25.2M), South Korea ($5.4M), and Netherlands ($3.31M).

Latest Trends

Nov 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 Lifting 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
IMPORTS (2022)$91.1M

In N/A, Iraq exported N/A in Lifting Machinery. The main destinations of Iraq exports on Lifting Machinery were Egypt ($7.72k) and Turkey ($1.3k).

In 2022, Iraq imported $91.1M in Lifting Machinery, mainly from China ($42.1M), Turkey ($15.9M), South Korea ($6.5M), Germany ($4.51M), and Netherlands ($4.07M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Egypt$2.7k (53.7%)
Turkey$925 (247%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Iraq WERE (2021 - 2022):
Georgia-$97.5k (-100%)
Iran-$3.1k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Iraq's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEgypt+ $9.13k
TOP IMPORT POTENTIALChina+ $9.34M

Lifting Machinery’s highest export potential is Egypt. With an export gap of $9.13k.   Lifting Machinery’s highest import potential is China with an import gap of $9.34M.

See methodology.

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