2021
Exports
$22.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2021
Imports
$1.07MWorld Rnk 87 / 210
Flag Rnk 728 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Imports In 2022, Iraq imported $1.07M in Metal Finishing Machines, becoming the 87th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 728th most imported product in Iraq. Iraq imports Metal Finishing Machines primarily from: Turkey ($489k), China ($236k), United Arab Emirates ($157k), United States ($55.9k), and Germany ($41k).

The fastest growing import markets in Metal Finishing Machines for Iraq between 2021 and 2022 were Turkey ($150k), United Arab Emirates ($112k), and United States ($47.1k).

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 Metal Finishing Machines. 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)$22.9k
IMPORTS (2022)$1.07M
NET TRADE (2022)-$1.07M

In 2022, Iraq imported $1.07M in Metal Finishing Machines, mainly from Turkey ($489k), China ($236k), United Arab Emirates ($157k), United States ($55.9k), and Germany ($41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Iraq WERE (N/A - 2021):
Switzerland-$20.9k (-100%)
Turkey-$2.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Metal Finishing Machines were:
In 2022, Iraq's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $511
TOP IMPORT POTENTIALChina+ $182k

Metal Finishing Machines’s highest export potential is China. With an export gap of $511.   Metal Finishing Machines’s highest import potential is China with an import gap of $182k.

See methodology.

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