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Exports In 2022, Iraq exported $770M in Petroleum bitumen, making it the 6th largest exporter of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 4th most exported product in Iraq. The main destination of Petroleum bitumen exports from Iraq are: Turkey ($400M), United Arab Emirates ($148M), India ($99.3M), China ($46.6M), and Vietnam ($19.3M).

The fastest growing export markets for Petroleum bitumen of Iraq between 2021 and 2022 were Turkey ($70.3M), India ($63.8M), and United Arab Emirates ($39.7M).

Imports In 2022, Iraq imported $49.1M in Petroleum bitumen, becoming the 51st largest importer of Petroleum bitumen in the world. At the same year, Petroleum bitumen was the 223rd most imported product in Iraq. Iraq imports Petroleum bitumen primarily from: United Arab Emirates ($49.1M), China ($59.7k), and France ($1.79k).

The fastest growing import markets in Petroleum bitumen for Iraq between 2021 and 2022 were China ($59.7k) and France ($1.79k).

COMPANIES In 2023, leading companies such as Chevron (2) were at the forefront of shipping Petroleum bitumen from Iraq to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Petroleum bitumen. 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

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EXPORTS (2022)$770M
IMPORTS (2022)$49.1M
NET TRADE (2022)$721M

In 2022, Iraq exported $770M in Petroleum bitumen. The main destinations of Iraq exports on Petroleum bitumen were Turkey ($400M), United Arab Emirates ($148M), India ($99.3M), China ($46.6M), and Vietnam ($19.3M).

In 2022, Iraq imported $49.1M in Petroleum bitumen, mainly from United Arab Emirates ($49.1M), China ($59.7k), and France ($1.79k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum bitumen EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$70.3M (21.3%)
India$63.8M (180%)
United Arab Emirates$39.7M (36.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum bitumen BY Iraq WERE (2021 - 2022):
Nigeria-$3.23M (-100%)
Burma-$1.84M (-100%)
Qatar-$1.22M (-6.64%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iraq's main exporting competitors in Petroleum bitumen were:
In 2022, Iraq's main importing competitors in Petroleum bitumen were:

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Trade Value of Petroleum bitumen by Exporters

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