2022
Exports
$1.03BWorld Rnk 70 / 220
Flag Rnk 2 / 91
2022
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
0.58Rnk 328 / 1025
2022
Imports
$3.97BWorld Rnk 27 / 225
Flag Rnk 5 / 96
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $1.03B in Precious stones, metals, & pearls, making it the 70th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 2nd most exported product in Iraq. The main destination of Precious stones, metals, & pearls exports from Iraq are: United Arab Emirates ($707M), Turkey ($327M), Norway ($89.6k), Germany ($64k), and Kuwait ($47.1k).

The fastest growing export markets for Precious stones, metals, & pearls of Iraq between 2021 and 2022 were Norway ($80.7k), Germany ($35.7k), and Kuwait ($34.1k).

Imports In 2022, Iraq imported $3.97B in Precious stones, metals, & pearls, becoming the 27th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 5th most imported product in Iraq. Iraq imports Precious stones, metals, & pearls primarily from: United Arab Emirates ($2.22B), Turkey ($1.72B), China ($25.2M), Thailand ($1.61M), and India ($1.39M).

The fastest growing import markets in Precious stones, metals, & pearls for Iraq between 2021 and 2022 were United Arab Emirates ($1.39B), Turkey ($300M), and Thailand ($1.48M).

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 Precious stones, metals, & pearls. 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)$1.03B
IMPORTS (2022)$3.97B
NET TRADE (2022)-$2.94B

In 2022, Iraq exported $1.03B in Precious stones, metals, & pearls. The main destinations of Iraq exports on Precious stones, metals, & pearls were United Arab Emirates ($707M), Turkey ($327M), Norway ($89.6k), Germany ($64k), and Kuwait ($47.1k).

In 2022, Iraq imported $3.97B in Precious stones, metals, & pearls, mainly from United Arab Emirates ($2.22B), Turkey ($1.72B), China ($25.2M), Thailand ($1.61M), and India ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Norway$80.7k (901%)
Germany$35.7k (126%)
Kuwait$34.1k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Iraq WERE (2021 - 2022):
Turkey-$646M (-66.4%)
United Arab Emirates-$409M (-36.6%)
United States-$4.28M (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Precious stones, metals, & pearls were:
In 2022, Iraq's main importing competitors in Precious stones, metals, & pearls were:

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Trade Value of Precious stones, metals, & pearls by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $128M
TOP IMPORT POTENTIALThailand+ $5.41M

Precious stones, metals, & pearls’s highest export potential is Turkey. With an export gap of $128M.   Precious stones, metals, & pearls’s highest import potential is Thailand with an import gap of $5.41M.

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