As a nation with significant infrastructure and industrial development needs, Iraq heavily relies on imports to meet its domestic needs and support its key industries. The major imports of Iraq include electrical machinery and equipment, machinery and mechanical appliances, vehicles and automotive parts, iron and steel, plastics and plastic articles, pharmaceuticals, mineral fuels and oils, organic chemicals, articles of clothing and accessories, and electrical equipment. The closest trading partners for each category vary, with China, Turkey, and the United States emerging as prominent trading partners across multiple sectors. Understanding these import trends and partnerships is crucial for analyzing Iraq's economic landscape, identifying areas of collaboration, and formulating effective trade policies.
Electrical Machinery and Equipment:
Imported electrical machinery and equipment hold the top position in Iraq's imports by volume. With a total import value of approximately $15 billion, Iraq heavily relies on these imports to meet its technological needs. The primary trading partners for electrical machinery and equipment are China, the United States, and Turkey.
Machinery and Mechanical Appliances:
Imported machinery and mechanical appliances play a significant role in Iraq's industrial and infrastructure development. The import volume for this category is valued at around $13 billion. The primary trading partners for machinery and mechanical appliances are China, the United States, and Turkey.
Vehicles and Automotive Parts:
Imported vehicles and automotive parts are crucial for Iraq's transportation sector. The import volume for this category is valued at approximately $9 billion. The primary trading partners for vehicle and automotive parts imports are Japan, the United States, and South Korea.
Iron and Steel:
Imported iron and steel are vital for Iraq's construction and manufacturing industries. The import volume for this category is valued at around $8 billion. The primary trading partners for iron and steel imports are Turkey, China, and the United Arab Emirates.
Plastics and Plastic Articles:
Iraq imports a significant amount of plastics and plastic articles for various industries. This category accounts for an import volume of approximately $7 billion. The primary trading partners for plastics and plastic articles are Turkey, China, and Saudi Arabia.
Pharmaceuticals:
Pharmaceutical products are essential for Iraq's healthcare sector. The import volume for this category stands at approximately $6 billion. The primary trading partners for pharmaceutical imports are India, Turkey, and Germany.
Mineral Fuels and Oils:
Mineral fuels and oils are crucial imports for Iraq's energy needs. The import volume for this category is valued at around $5 billion. The primary trading partners for mineral fuels and oils are Saudi Arabia, Russia, and Iran.
Organic Chemicals:
Iraq imports organic chemicals for various industrial applications. The import volume for this category stands at approximately $4 billion. The primary trading partners for organic chemical imports are China, the United States, and India.
Articles of Clothing and Accessories:
Iraq imports a considerable volume of clothing and accessories to meet its domestic market demands. The import value for this category is approximately $3 billion. The primary trading partners for clothing and apparel imports are Turkey, China, and Iran.
Electrical Equipment:
Imported electrical equipment is crucial for Iraq's infrastructure development and power sector. The import volume for this category stands at approximately $2.5 billion. The primary trading partners for electrical equipment imports are China, the United Arab Emirates, and Turkey.
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