2023
Exports
$473kWorld Rnk 137 / 219
Flag Rnk 112 / 672
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$286MWorld Rnk 49 / 226
Flag Rnk 47 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $473k in Machinery Having Individual Functions, making it the 137th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 112th most exported product in Iraq. The main destination of Machinery Having Individual Functions exports from Iraq are: Turkey ($404k), Sweden ($34k), Netherlands ($16.1k), Italy ($10.2k), and Malaysia ($3.26k).

The fastest growing export markets for Machinery Having Individual Functions of Iraq between 2022 and 2023 were Turkey ($366k), Sweden ($34k), and Netherlands ($14.3k).

Imports In 2023, Iraq imported $286M in Machinery Having Individual Functions, becoming the 49th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 47th most imported product in Iraq. Iraq imports Machinery Having Individual Functions primarily from: China ($103M), United Arab Emirates ($67.3M), Turkey ($26M), Germany ($18.8M), and United States ($15.4M).

The fastest growing import markets in Machinery Having Individual Functions for Iraq between 2022 and 2023 were India ($7.97M), Thailand ($4.55M), and Germany ($2.54M).

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 Machinery Having Individual Functions. 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 (2023)$473k
IMPORTS (2023)$286M
NET TRADE (2023)-$286M

In 2023, Iraq exported $473k in Machinery Having Individual Functions. The main destinations of Iraq exports on Machinery Having Individual Functions were Turkey ($404k), Sweden ($34k), Netherlands ($16.1k), Italy ($10.2k), and Malaysia ($3.26k).

In 2023, Iraq imported $286M in Machinery Having Individual Functions, mainly from China ($103M), United Arab Emirates ($67.3M), Turkey ($26M), Germany ($18.8M), and United States ($15.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
Turkey$366k (951%)
Sweden$34k (1%)
Netherlands$14.3k (802%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Iraq WERE (2022 - 2023):
Iran-$4.31M (-100%)
Germany-$15.9k (-100%)
Philippines-$15.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Machinery Having Individual Functions were:
In 2023, Iraq's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $78.9k
TOP IMPORT POTENTIALChina+ $18.6M

Machinery Having Individual Functions’s highest export potential is Turkey. With an export gap of $78.9k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $18.6M.

See methodology.

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