2022
Exports
$122kWorld Rnk 159 / 216
Flag Rnk 176 / 642
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$311MWorld Rnk 48 / 225
Flag Rnk 40 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $122k in Machinery Having Individual Functions, making it the 159th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 176th most exported product in Iraq. The main destination of Machinery Having Individual Functions exports from Iraq are: Turkey ($38.5k), Germany ($15.9k), Philippines ($15.6k), France ($14.8k), and Kuwait ($9.09k).

The fastest growing export markets for Machinery Having Individual Functions of Iraq between 2021 and 2022 were Philippines ($15.6k), France ($14k), and Kuwait ($9.09k).

Imports In 2022, Iraq imported $311M in Machinery Having Individual Functions, becoming the 48th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 40th most imported product in Iraq. Iraq imports Machinery Having Individual Functions primarily from: China ($109M), United Arab Emirates ($67.2M), Turkey ($34M), Italy ($21M), and Germany ($16.3M).

The fastest growing import markets in Machinery Having Individual Functions for Iraq between 2021 and 2022 were China ($49.2M), Belgium ($12.6M), and Germany ($4.93M).

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 Machinery Having Individual Functions. 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)$122k
IMPORTS (2022)$311M
NET TRADE (2022)-$310M

In 2022, Iraq exported $122k in Machinery Having Individual Functions. The main destinations of Iraq exports on Machinery Having Individual Functions were Turkey ($38.5k), Germany ($15.9k), Philippines ($15.6k), France ($14.8k), and Kuwait ($9.09k).

In 2022, Iraq imported $311M in Machinery Having Individual Functions, mainly from China ($109M), United Arab Emirates ($67.2M), Turkey ($34M), Italy ($21M), and Germany ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Philippines$15.6k (1%)
France$14k (1.75k%)
Kuwait$9.09k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Iraq WERE (2021 - 2022):
Iran-$2.39M (-100%)
Turkey-$302k (-88.7%)
Germany-$292k (-94.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Iraq's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $78.9k
TOP IMPORT POTENTIALChina+ $18.6M

Machinery Having Individual Functions’s highest export potential is Turkey. With an export gap of $78.9k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $18.6M.

See methodology.

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