2022
Exports
$871kWorld Rnk 114 / 224
Flag Rnk 80 / 642
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$395MWorld Rnk 48 / 224
Flag Rnk 29 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $871k in Valves, making it the 114th largest exporter of Valves in the world. At the same year, Valves was the 80th most exported product in Iraq. The main destination of Valves exports from Iraq are: Netherlands ($770k), Turkey ($34.3k), Sweden ($25.9k), Ecuador ($11.3k), and Germany ($7.32k).

The fastest growing export markets for Valves of Iraq between 2021 and 2022 were Netherlands ($418k), Sweden ($25.9k), and Ecuador ($10.3k).

Imports In 2022, Iraq imported $395M in Valves, becoming the 48th largest importer of Valves in the world. At the same year, Valves was the 29th most imported product in Iraq. Iraq imports Valves primarily from: China ($151M), Turkey ($62.2M), United Arab Emirates ($60.6M), Italy ($45M), and Germany ($16.3M).

The fastest growing import markets in Valves for Iraq between 2021 and 2022 were China ($41.3M), Italy ($22.9M), and United Arab Emirates ($13.6M).

Latest Trends

Oct 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 Valves. 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)$871k
IMPORTS (2022)$395M
NET TRADE (2022)-$394M

In 2022, Iraq exported $871k in Valves. The main destinations of Iraq exports on Valves were Netherlands ($770k), Turkey ($34.3k), Sweden ($25.9k), Ecuador ($11.3k), and Germany ($7.32k).

In 2022, Iraq imported $395M in Valves, mainly from China ($151M), Turkey ($62.2M), United Arab Emirates ($60.6M), Italy ($45M), and Germany ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Netherlands$418k (119%)
Sweden$25.9k (1%)
Ecuador$10.3k (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Iraq WERE (2021 - 2022):
Iran-$732k (-100%)
Turkey-$25.1k (-42.3%)
India-$23.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Valves were:
In 2022, Iraq's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $244k
TOP IMPORT POTENTIALChina+ $37.8M

Valves’s highest export potential is Netherlands. With an export gap of $244k.   Valves’s highest import potential is China with an import gap of $37.8M.

See methodology.

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