2022
Exports
$19.1kWorld Rnk 124 / 209
Flag Rnk 312 / 642
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$50.3MWorld Rnk 52 / 223
Flag Rnk 211 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $19.1k in Padlocks, making it the 124th largest exporter of Padlocks in the world. At the same year, Padlocks was the 312th most exported product in Iraq. The main destination of Padlocks exports from Iraq are: Turkey ($17k), Sweden ($890), United Arab Emirates ($604), Hong Kong ($399), and Germany ($236).

The fastest growing export markets for Padlocks of Iraq between 2021 and 2022 were Sweden ($773), United Arab Emirates ($604), and Hong Kong ($371).

Imports In 2022, Iraq imported $50.3M in Padlocks, becoming the 52nd largest importer of Padlocks in the world. At the same year, Padlocks was the 211th most imported product in Iraq. Iraq imports Padlocks primarily from: China ($36.6M), Turkey ($8.89M), United Arab Emirates ($3.19M), Egypt ($547k), and India ($187k).

The fastest growing import markets in Padlocks for Iraq between 2021 and 2022 were China ($5.91M), United Arab Emirates ($1.1M), and Turkey ($706k).

Latest Trends

Jul 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 Padlocks. 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)$19.1k
IMPORTS (2022)$50.3M
NET TRADE (2022)-$50.3M

In 2022, Iraq exported $19.1k in Padlocks. The main destinations of Iraq exports on Padlocks were Turkey ($17k), Sweden ($890), United Arab Emirates ($604), Hong Kong ($399), and Germany ($236).

In 2022, Iraq imported $50.3M in Padlocks, mainly from China ($36.6M), Turkey ($8.89M), United Arab Emirates ($3.19M), Egypt ($547k), and India ($187k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Sweden$773 (661%)
Hong Kong$371 (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Iraq WERE (2021 - 2022):
Iran-$276k (-100%)
Turkey-$30.3k (-64.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Iraq's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $19.2k
TOP IMPORT POTENTIALChina+ $4.38M

Padlocks’s highest export potential is Turkey. With an export gap of $19.2k.   Padlocks’s highest import potential is China with an import gap of $4.38M.

See methodology.

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