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2022
Exports $770kWorld Rnk 128 / 226
Flag Rnk 43 / 91
2022
Destination $593k Turkey
2021 - 2022
FASTEST GROWING MARKET $593kTurkey
2022
PRODUCT COMPLEXITY IN Tools & cutlery1.7Rnk 24 / 1025
2022
Imports $308MWorld Rnk 46 / 225
Flag Rnk 41 / 96
2022
Origin $28.3MN/A
2021 - 2022
FASTEST GROWING ORIGIN $28.3MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $770k in Tools & cutlery, making it the 128th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 43rd most exported product in Iraq. The main destination of Tools & cutlery exports from Iraq are: Turkey ($620k), Italy ($58.9k), Netherlands ($32.9k), United States ($16.2k), and Romania ($15.3k).

The fastest growing export markets for Tools & cutlery of Iraq between 2021 and 2022 were Turkey ($593k), Italy ($58.9k), and Netherlands ($19.5k).

Imports In 2022, Iraq imported $308M in Tools & cutlery, becoming the 46th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 41st most imported product in Iraq. Iraq imports Tools & cutlery primarily from: N/A.

The fastest growing import markets in Tools & cutlery for Iraq between 2021 and 2022 were United Arab Emirates ($28.3M), China ($12.3M), and Netherlands ($3.26M).

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 Tools & cutlery. 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)$770k
IMPORTS (2022)$308M
NET TRADE (2022)-$307M

In 2022, Iraq exported $770k in Tools & cutlery. The main destinations of Iraq exports on Tools & cutlery were Turkey ($620k), Italy ($58.9k), Netherlands ($32.9k), United States ($16.2k), and Romania ($15.3k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Turkey$593k (2.25k%)
Italy$58.9k (1%)
Netherlands$19.5k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Iraq WERE (2021 - 2022):
Iran-$3.55M (-100%)
Hong Kong-$58.5k (-100%)
Saudi Arabia-$9.16k (-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 Tools & cutlery were:
China $23.6B
Germany $9.45B
United States $4.88B
In 2022, Iraq's main importing competitors in Tools & cutlery were:
United States $12.5B
Germany $6.36B
Netherlands $3.05B

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $151k
TOP IMPORT POTENTIALChina+ $10.7M

Tools & cutlery’s highest export potential is Turkey. With an export gap of $151k.   Tools & cutlery’s highest import potential is China with an import gap of $10.7M.

See methodology.

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