2023
Exports
$838kWorld Rnk 142 / 214
Flag Rnk 80 / 672
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$1.01BWorld Rnk 57 / 226
Flag Rnk 8 / 1135
2023
ECONOMIC COMPLEXITY of Iraq
-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $838k in Packaged Medicaments, making it the 142nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 80th most exported product in Iraq. The main destination of Packaged Medicaments exports from Iraq are: Turkey ($535k), United Arab Emirates ($262k), Saudi Arabia ($39.2k), Portugal ($1.25k), and Netherlands ($766).

The fastest growing export markets for Packaged Medicaments of Iraq between 2022 and 2023 were United Arab Emirates ($258k), Turkey ($82.4k), and Portugal ($957).

Imports In 2023, Iraq imported $1.01B in Packaged Medicaments, becoming the 57th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most imported product in Iraq. Iraq imports Packaged Medicaments primarily from: United Arab Emirates ($121M), Turkey ($98.8M), Jordan ($96.5M), India ($96.4M), and United Kingdom ($70.1M).

The fastest growing import markets in Packaged Medicaments for Iraq between 2022 and 2023 were Netherlands ($20.3M), United Arab Emirates ($11.8M), and Belgium ($10.5M).

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 Packaged Medicaments. 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)$838k
IMPORTS (2023)$1.01B
NET TRADE (2023)-$1.01B

In 2023, Iraq exported $838k in Packaged Medicaments. The main destinations of Iraq exports on Packaged Medicaments were Turkey ($535k), United Arab Emirates ($262k), Saudi Arabia ($39.2k), Portugal ($1.25k), and Netherlands ($766).

In 2023, Iraq imported $1.01B in Packaged Medicaments, mainly from United Arab Emirates ($121M), Turkey ($98.8M), Jordan ($96.5M), India ($96.4M), and United Kingdom ($70.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
United Arab Emirates$258k (7.58k%)
Turkey$82.4k (18.2%)
Portugal$957 (328%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Iraq WERE (2022 - 2023):
India-$83.7k (-100%)
Saudi Arabia-$13.1k (-25.1%)
Rwanda-$571 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Packaged Medicaments were:
In 2023, Iraq's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $520k
TOP IMPORT POTENTIALIndia+ $66.3M

Packaged Medicaments’s highest export potential is Turkey. With an export gap of $520k.   Packaged Medicaments’s highest import potential is India with an import gap of $66.3M.

See methodology.

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