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2021
Exports $1.21kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Petroleum Resins1.53Rnk 46 / 1025
2021
Imports $5.32MWorld Rnk 73 / 197
Flag Rnk 522 / 1145
2022
ECONOMIC COMPLEXITY of Iraq-0.84Rnk 103 / 133

About

Imports In 2022, Iraq imported $5.32M in Petroleum Resins, becoming the 73rd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 522nd most imported product in Iraq. Iraq imports Petroleum Resins primarily from: United Arab Emirates ($4.85M), China ($375k), Turkey ($97k), United Kingdom ($4.16k), and Italy ($1.2k).

The fastest growing import markets in Petroleum Resins for Iraq between 2021 and 2022 were United Arab Emirates ($4.42M), China ($153k), and Turkey ($30.8k).

Latest Trends

Sep 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 Petroleum Resins. 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 (2021)$1.21k
IMPORTS (2022)$5.32M
NET TRADE (2022)-$5.32M

In 2022, Iraq imported $5.32M in Petroleum Resins, mainly from United Arab Emirates ($4.85M), China ($375k), Turkey ($97k), United Kingdom ($4.16k), and Italy ($1.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Iraq WERE (N/A - 2021):United Kingdom-$1.21k (-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 Petroleum Resins were:
United States $1.31B
China $1.28B
Germany $1.24B
In 2022, Iraq's main importing competitors in Petroleum Resins were:
China $901M
United States $662M
Germany $510M

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $556
TOP IMPORT POTENTIALChina+ $521k

Petroleum Resins’s highest export potential is China. With an export gap of $556.   Petroleum Resins’s highest import potential is China with an import gap of $521k.

See methodology.

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