2022
Exports
$2.37MWorld Rnk 99 / 162
Flag Rnk 49 / 642
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$97.7MWorld Rnk 63 / 217
Flag Rnk 137 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $2.37M in Raw Iron Bars, making it the 99th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 49th most exported product in Iraq. The main destination of Raw Iron Bars exports from Iraq are: United Arab Emirates ($2.2M) and Turkey ($170k).

The fastest growing export markets for Raw Iron Bars of Iraq between 2021 and 2022 were United Arab Emirates ($2.19M) and Turkey ($170k).

Imports In 2022, Iraq imported $97.7M in Raw Iron Bars, becoming the 63rd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 137th most imported product in Iraq. Iraq imports Raw Iron Bars primarily from: Turkey ($90.7M), United Arab Emirates ($6.89M), China ($97k), Italy ($21k), and India ($651).

The fastest growing import markets in Raw Iron Bars for Iraq between 2021 and 2022 were United Arab Emirates ($5.87M), Italy ($21k), and India ($651).

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 Raw Iron Bars. 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)$2.37M
IMPORTS (2022)$97.7M
NET TRADE (2022)-$95.4M

In 2022, Iraq exported $2.37M in Raw Iron Bars. The main destinations of Iraq exports on Raw Iron Bars were United Arab Emirates ($2.2M) and Turkey ($170k).

In 2022, Iraq imported $97.7M in Raw Iron Bars, mainly from Turkey ($90.7M), United Arab Emirates ($6.89M), China ($97k), Italy ($21k), and India ($651).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
United Arab Emirates$2.19M (21.1k%)
Turkey$170k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Iraq WERE (2021 - 2022):
Burma-$331k (-100%)
Oman-$213k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Iraq's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $245k
TOP IMPORT POTENTIALUnited Arab Emirates+ $1.65M

Raw Iron Bars’s highest export potential is Turkey. With an export gap of $245k.   Raw Iron Bars’s highest import potential is United Arab Emirates with an import gap of $1.65M.

See methodology.

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