2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

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Exports In 2022, Iraq exported N/A in Petroleum oils, oils from bituminous minerals, crude, making it the 5th largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 1st most exported product in Iraq. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from Iraq are: India ($37.1B), China ($33.8B), United States ($7.87B), South Korea ($7.35B), and Greece ($6.12B).

The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of Iraq between 2021 and 2022 were India ($12B), China ($10.6B), and United States ($4.1B).

COMPANIES In 2023, leading companies such as Chevron (2) were at the forefront of shipping Petroleum oils, oils from bituminous minerals, crude 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 oils, oils from bituminous minerals, crude. 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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In N/A, Iraq exported N/A in Petroleum oils, oils from bituminous minerals, crude. The main destinations of Iraq exports on Petroleum oils, oils from bituminous minerals, crude were India ($37.1B), China ($33.8B), United States ($7.87B), South Korea ($7.35B), and Greece ($6.12B).

In N/A, Iraq imported N/A in Petroleum oils, oils from bituminous minerals, crude, mainly from United Arab Emirates ($5.28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

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THE FASTEST GROWING Petroleum oils, oils from bituminous minerals, crude EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
India$12B (47.9%)
China$10.6B (45.7%)
United States$4.1B (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum oils, oils from bituminous minerals, crude BY Iraq WERE (2021 - 2022):
Chinese Taipei-$314M (-37.5%)
Egypt-$281M (-100%)
Brazil-$274M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iraq's main exporting competitors in Petroleum oils, oils from bituminous minerals, crude were:
In 2022, Iraq's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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