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2022
Exports $386World Rnk 161 / 176
Flag Rnk 535 / 642
falsefalse Turkey
2021 - 2022
FASTEST GROWING MARKETfalseTurkey
2022
PRODUCT COMPLEXITY IN Textile Processing Machines1.32Rnk 91 / 1025
2022
Imports $3.97MWorld Rnk 102 / 216
Flag Rnk 562 / 1145
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $386 in Textile Processing Machines, making it the 161st largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 535th most exported product in Iraq. The main destination of Textile Processing Machines exports from Iraq are: Turkey ($306) and Netherlands ($80).

The fastest growing export markets for Textile Processing Machines of Iraq between 2021 and 2022 were Turkey ($306) and Netherlands ($30).

Imports In 2022, Iraq imported $3.97M in Textile Processing Machines, becoming the 102nd largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 562nd most imported product in Iraq. Iraq imports Textile Processing Machines primarily from: Turkey ($1.52M), China ($937k), United Arab Emirates ($762k), South Korea ($288k), and Italy ($166k).

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 Textile Processing Machines. 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)$386
IMPORTS (2022)$3.97M
NET TRADE (2022)-$3.97M

In 2022, Iraq exported $386 in Textile Processing Machines. The main destinations of Iraq exports on Textile Processing Machines were Turkey ($306) and Netherlands ($80).

In 2022, Iraq imported $3.97M in Textile Processing Machines, mainly from Turkey ($1.52M), China ($937k), United Arab Emirates ($762k), South Korea ($288k), and Italy ($166k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$306 (1%)
Netherlands$30 (60%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY Iraq WERE (2021 - 2022):
Iran-$5.59M (-100%)
Sri Lanka-$22 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Textile Processing Machines were:
China $1.79B
South Korea $1.01B
Poland $976M
In 2022, Iraq's main importing competitors in Textile Processing Machines were:
United States $1.83B
Germany $801M
China $419M

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Trade Value of Textile Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $1.27k
TOP IMPORT POTENTIALChina+ $831k

Textile Processing Machines’s highest export potential is Turkey. With an export gap of $1.27k.   Textile Processing Machines’s highest import potential is China with an import gap of $831k.

See methodology.

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