2022
Exports
$11.9MWorld Rnk 51 / 156
Flag Rnk 20 / 642
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$152MWorld Rnk 20 / 216
Flag Rnk 89 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $11.9M in Iron Wire, making it the 51st largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 20th most exported product in Iraq. The main destination of Iron Wire exports from Iraq are: Oman ($11.9M).

The fastest growing export markets for Iron Wire of Iraq between 2021 and 2022 were Oman ($1.82M).

Imports In 2022, Iraq imported $152M in Iron Wire, becoming the 20th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 89th most imported product in Iraq. Iraq imports Iron Wire primarily from: China ($150M), Turkey ($1.83M), United Arab Emirates ($137k), Belgium ($60.3k), and Oman ($20.3k).

The fastest growing import markets in Iron Wire for Iraq between 2021 and 2022 were China ($97.8M), Oman ($20.3k), and Portugal ($13.9k).

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 Iron Wire. 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)$11.9M
IMPORTS (2022)$152M
NET TRADE (2022)-$140M

In 2022, Iraq exported $11.9M in Iron Wire. The main destinations of Iraq exports on Iron Wire were Oman ($11.9M).

In 2022, Iraq imported $152M in Iron Wire, mainly from China ($150M), Turkey ($1.83M), United Arab Emirates ($137k), Belgium ($60.3k), and Oman ($20.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Iraq WERE (2021 - 2022):Oman$1.82M (18.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $3.46k
TOP IMPORT POTENTIALTurkey+ $2.17M

Iron Wire’s highest export potential is Saudi Arabia. With an export gap of $3.46k.   Iron Wire’s highest import potential is Turkey with an import gap of $2.17M.

See methodology.

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