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2023
Exports $103MWorld Rnk 34 / 125
Flag Rnk 9 / 672
2023
Destination $2.85M Oman
2022 - 2023
FASTEST GROWING MARKET $2.85MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.94Rnk 812 / 1025
2023
Imports $154kWorld Rnk 126 / 189
Flag Rnk 933 / 1135
2023
Origin $65.6k United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $65.6kUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Iraq-0.71Rnk 97 / 132

About

Exports In 2023, Iraq exported $103M in Semi-Finished Iron, making it the 34th largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 9th most exported product in Iraq. The main destination of Semi-Finished Iron exports from Iraq are: Oman ($84.6M), United Arab Emirates ($17.9M), and Turkey ($301k).

The fastest growing export markets for Semi-Finished Iron of Iraq between 2022 and 2023 were United Arab Emirates ($2.85M) and Turkey ($301k).

Imports In 2023, Iraq imported $154k in Semi-Finished Iron, becoming the 126th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 933rd most imported product in Iraq. Iraq imports Semi-Finished Iron primarily from: United Arab Emirates ($73.3k), Turkey ($60.6k), and Czechia ($20.5k).

The fastest growing import markets in Semi-Finished Iron for Iraq between 2022 and 2023 were United Arab Emirates ($65.6k), Turkey ($22.9k), and Czechia ($20.5k).

Latest Trends

Dec 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 (2023)$103M
IMPORTS (2023)$154k
NET TRADE (2023)$103M

In 2023, Iraq exported $103M in Semi-Finished Iron. The main destinations of Iraq exports on Semi-Finished Iron were Oman ($84.6M), United Arab Emirates ($17.9M), and Turkey ($301k).

In 2023, Iraq imported $154k in Semi-Finished Iron, mainly from United Arab Emirates ($73.3k), Turkey ($60.6k), and Czechia ($20.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Iraq WERE (2022 - 2023):
United Arab Emirates$2.85M (18.9%)
Turkey$301k (2.32M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Iraq WERE (2022 - 2023):
Oman-$53M (-38.5%)
Jordan-$2.27M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iraq's main exporting competitors in Semi-Finished Iron were:
Russia $6.75B
Oman $3.27B
Brazil $3.13B
In 2023, Iraq's main importing competitors in Semi-Finished Iron were:
Turkey $3.36B
United States $2.81B
Indonesia $2.13B

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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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