2022
Exports
$110kWorld Rnk 173 / 226
Flag Rnk 185 / 642
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$728MWorld Rnk 52 / 225
Flag Rnk 14 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $110k in Motor vehicles; parts and accessories (8701 to 8705), making it the 173rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 185th most exported product in Iraq. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Iraq are: United States ($26.8k), Turkey ($21k), United Arab Emirates ($12.9k), China ($9.44k), and Kuwait ($6.53k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Iraq between 2021 and 2022 were United States ($26.8k), Kuwait ($6.12k), and Tanzania ($5.85k).

Imports In 2022, Iraq imported $728M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 52nd largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 14th most imported product in Iraq. Iraq imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($288M), United Arab Emirates ($239M), South Korea ($90.5M), Turkey ($28.5M), and United States ($23.2M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Iraq between 2021 and 2022 were United Arab Emirates ($111M), China ($96.7M), and South Korea ($9.26M).

Latest Trends

Sep 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 Motor vehicles; parts and accessories (8701 to 8705). 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)$110k
IMPORTS (2022)$728M
NET TRADE (2022)-$727M

In 2022, Iraq exported $110k in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Iraq exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($26.8k), Turkey ($21k), United Arab Emirates ($12.9k), China ($9.44k), and Kuwait ($6.53k).

In 2022, Iraq imported $728M in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($288M), United Arab Emirates ($239M), South Korea ($90.5M), Turkey ($28.5M), and United States ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
United States$26.8k (1%)
Kuwait$6.12k (1.51k%)
Tanzania$5.85k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Iraq WERE (2021 - 2022):
Iran-$380k (-100%)
Azerbaijan-$229k (-100%)
Malaysia-$139k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Iraq's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131k
TOP IMPORT POTENTIALChina+ $82.3M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $131k.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $82.3M.

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