2022
Exports
$111kWorld Rnk 191 / 212
Flag Rnk 183 / 642
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$1.1MWorld Rnk 94 / 187
Flag Rnk 725 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $111k in Scrap Iron, making it the 191st largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 183rd most exported product in Iraq. The main destination of Scrap Iron exports from Iraq are: United Arab Emirates ($87.1k) and Azerbaijan ($23.6k).

The fastest growing export markets for Scrap Iron of Iraq between 2021 and 2022 were Azerbaijan ($23.6k).

Imports In 2018, Iraq imported $1.1M in Scrap Iron, becoming the 94th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 725th most imported product in Iraq. Iraq imports Scrap Iron primarily from: United Arab Emirates ($1.08M), United States ($15.1k), Australia ($3.82k), and Turkey ($1.56k).

The fastest growing import markets in Scrap Iron for Iraq between 2021 and 2022 were United Arab Emirates ($1.08M), United States ($5.14k), and Australia ($3.82k).

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 Scrap Iron. 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)$111k
IMPORTS (2022)$1.1M
NET TRADE (2022)-$994k

In 2022, Iraq exported $111k in Scrap Iron. The main destinations of Iraq exports on Scrap Iron were United Arab Emirates ($87.1k) and Azerbaijan ($23.6k).

In 2022, Iraq imported $1.1M in Scrap Iron, mainly from United Arab Emirates ($1.08M), United States ($15.1k), Australia ($3.82k), and Turkey ($1.56k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Iraq WERE (2021 - 2022):Azerbaijan$23.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Iraq WERE (2021 - 2022):United Arab Emirates-$204k (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Scrap Iron were:
In 2022, Iraq's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $35.1k
TOP IMPORT POTENTIALUnited Arab Emirates+ $207k

Scrap Iron’s highest export potential is United Arab Emirates. With an export gap of $35.1k.   Scrap Iron’s highest import potential is United Arab Emirates with an import gap of $207k.

See methodology.

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