Products Imported from China to Iraq

In the calendar year of 2023, China exported goods worth US$14 billion to Iraq. Among the main exports from China to Iraq were Air Conditioners (US$711 million), Rubber Tires (US$425 million), Light Fixtures (US$419 million), Other toys (US$407.19 million) and Motor vehicles, parts and accessories (US$288.36 million). Over the span of 28 years, China’s exports to Iraq have grown steadily at an annualized rate of 48.9%, rising from US$298,000 in 1995 to US$14 billion in 2023.

List of All Products That Were Imported from China to Iraq

The table below presents a comprehensive list of all commodities that were exported from China to Iraq in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Iraq market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Iraq.

Trade Agreements between China and Iraq

China and Iraq have developed a relatively modest but growing portfolio of trade agreements over the years, reflecting their increasing economic and strategic engagements. Here are some notable agreements and cooperative frameworks between the two nations:

1. Oil for Infrastructure Agreement (2019): This is one of the most significant agreements between China and Iraq, though not a formal trade agreement. Under this arrangement, Iraq can pay for Chinese construction projects with oil. This deal is part of a broader strategy by Iraq to engage more with China in rebuilding its infrastructure and diversifying its international relations.
2. Bilateral Trade Agreements: Over the years, China and Iraq have signed various bilateral trade agreements aimed at enhancing trade and economic cooperation. These agreements typically include terms to facilitate easier exchange of goods and may involve tariff reductions and mutual recognition of standards, although specific details and dates are less frequently publicized.
3. The Silk Road Economic Belt Initiative (commonly known as the Belt and Road Initiative, BRI): Initiated in 2013 by China, this isn’t an agreement exclusively between China and Iraq, but Iraq is a participant. The BRI is a massive infrastructure and economic development project aimed at increasing trade and stimulating economic growth across Asia and beyond. Iraq’s participation helps it attract investment in infrastructure, which is crucial for its post-conflict reconstruction.
4. Memorandums of Understanding (MoUs): China and Iraq have signed numerous MoUs over the years, covering various sectors including oil, trade, and technology transfer. These MoUs serve as precursors or supplements to more binding trade agreements, signaling mutual interests and laying the groundwork for future negotiations.
5. Cultural and Scientific Cooperation: While not strictly trade agreements, these cooperative endeavors facilitate softer forms of economic interaction, such as tourism, education, and technology exchange, which are integral to strengthening bilateral ties and enhancing economic partnerships.

These agreements collectively reflect a growing partnership, particularly as Iraq seeks to rebuild its economy and infrastructure post-conflict, and as China looks to secure its energy supplies and expand its influence in the Middle East through economic means.