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2022
Exports $138MWorld Rnk 32 / 119
Flag Rnk 6 / 642
2022
Destination $58.3M Oman
2021 - 2022
FASTEST GROWING MARKET $58.3MOman
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.88Rnk 800 / 1025
2022
Imports $52.1kWorld Rnk 135 / 188
Flag Rnk 1000 / 1145
2022
Origin $6.64k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $6.64kSouth Korea
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $138M in Semi-Finished Iron, making it the 32nd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 6th most exported product in Iraq. The main destination of Semi-Finished Iron exports from Iraq are: Oman ($122M), United Arab Emirates ($13.6M), Jordan ($2.1M), and Turkey ($12).

The fastest growing export markets for Semi-Finished Iron of Iraq between 2021 and 2022 were Oman ($58.3M) and Jordan ($2.1M).

Imports In 2022, Iraq imported $52.1k in Semi-Finished Iron, becoming the 135th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 1000th most imported product in Iraq. Iraq imports Semi-Finished Iron primarily from: Turkey ($37.7k), United Arab Emirates ($7.76k), and South Korea ($6.64k).

The fastest growing import markets in Semi-Finished Iron for Iraq between 2021 and 2022 were South Korea ($6.64k) and United Arab Emirates ($5.6k).

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 Semi-Finished Iron. 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)$138M
IMPORTS (2022)$52.1k
NET TRADE (2022)$138M

In 2022, Iraq exported $138M in Semi-Finished Iron. The main destinations of Iraq exports on Semi-Finished Iron were Oman ($122M), United Arab Emirates ($13.6M), Jordan ($2.1M), and Turkey ($12).

In 2022, Iraq imported $52.1k in Semi-Finished Iron, mainly from Turkey ($37.7k), United Arab Emirates ($7.76k), and South Korea ($6.64k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Oman$58.3M (91.1%)
Jordan$2.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Iraq WERE (2021 - 2022):
United Arab Emirates-$7.14M (-34.4%)
Turkey-$27.4k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Iraq's main importing competitors in Semi-Finished Iron were:
United States $3.03B
Turkey $2.81B
China $2.38B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $3.75M
TOP IMPORT POTENTIALTurkey+ $46.4k

Semi-Finished Iron’s highest export potential is United Arab Emirates. With an export gap of $3.75M.   Semi-Finished Iron’s highest import potential is Turkey with an import gap of $46.4k.

See methodology.

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