Transformer imports in Iraq: data, top suppliers and prices
Imports of transformer by Iraq reached $498.4 million in 2024 (62.0 thousand tonnes). Value rose 8% on 2023. Over 2017-2024 the trade grew strongly, by about 15% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $498.4M | 62.0K t |
| 2023 | $460.8M | 55.1K t |
| 2022 | $442.0M | 59.7K t |
| 2021 | $443.5M | 59.4K t |
| 2020 | $451.1M | 61.8K t |
| 2019 | $361.0M | 48.2K t |
| 2018 | $265.1M | 30.3K t |
| 2017 | $190.5M | 22.5K t |
Where Iraq imports transformer from
The largest suppliers were Turkey (37%), China (35%), Saudi Arabia (8%). Among the main suppliers, Saudi Arabia grew fastest (+297% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Turkey | $183.6M | 37% |
| China | $175.0M | 35% |
| Saudi Arabia | $39.7M | 8% |
| Italy | $21.3M | 4.3% |
| India | $19.5M | 3.9% |
| United States | $10.6M | 2.1% |
| Lebanon | $9.9M | 2% |
| Germany | $8.2M | 1.6% |
| United Kingdom | $5.5M | 1.1% |
| Egypt | $4.7M | 0.9% |
Product types under HS 8504
| 8504.23 | Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA | 33% |
| 8504.40 | Electrical static converters | 26% |
| 8504.21 | Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA | 17% |
| 8504.22 | Electrical transformers: liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA | 15% |
| 8504.90 | Electrical transformers, static converters and inductors: parts thereof | 4.5% |
| 8504.50 | Electrical inductors: n.e.c. in heading no. 8504 | 2.3% |
| 8504.31 | Electrical transformers: n.e.c. in item no. 8504.2, having a power handling capacity not exceeding 1kVA | 1.3% |
| 8504.34 | Transformers: n.e.c. in item no. 8504.2, having a power handling capacity exceeding 500kVA | 1.3% |
Codes and full descriptions: HS heading 8504.
Average import price per kg
The average declared value was about $8.04 per kg, 65% below the world average of $23.20, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Transformer exports from Iraq
Exports of transformer by Iraq reached $381 thousand in 2024 (36 tonnes). One buyer market dominates: Turkey accounted for 71% of the value. Among the main buyer markets, Hong Kong grew fastest (+730% on the year before).
| Destination | Value | Share |
|---|---|---|
| Turkey | $269K | 71% |
| Hong Kong | $70K | 18% |
| Hungary | $22K | 5.7% |
| Netherlands | $10K | 2.5% |
| Italy | $5K | 1.3% |
| South Korea | $2K | 0.5% |
| Saudi Arabia | $1K | 0.3% |
| Ecuador | $1K | 0.3% |
| Portugal | $1K | 0.3% |
| Lebanon | $1K | 0.2% |
Who is behind these numbers in Iraq?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8504: Electric transformers, static converters (e.g. rectifiers) and inductors.
Common questions
What is the value of transformer imported by Iraq?
Iraq imported transformer worth $498.4 million in 2024, the latest year with complete public data, about 62.0 thousand tonnes. That ranks it 47th of 225 countries worldwide, with 0% of world imports. The value was up 8% on 2023.
Which countries supply transformer to Iraq?
Turkey was the largest supplier with 37% of the value ($183.6 million), followed by China (35%) and Saudi Arabia (8%). The top three together account for 80%, out of 53 supplier countries in total. The United Kingdom grew fastest among the top ten, up 708% on the year.
What is the average import price of transformer per kg?
The average declared import value was about $8.04 per kg in 2024, 65% below the world average of $23.20 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have imports of transformer to Iraq changed since 2017?
Imports went from $190.5 million in 2017 to $498.4 million in 2024, an increase of 162%. 2024 was the highest year in the period. Monthly and weekly movements since then are in EximDataX.
Does Iraq also export transformer?
Yes. Iraq exported $381 thousand worth of this product in 2024, mainly to Turkey, Hong Kong and Hungary. On balance Iraq is a net importer of this product, by about $498.0 million a year.
What is the HS code for transformer?
The HS code for transformer is heading 8504. In Iraq the largest six-digit codes were 8504.23 (33% of the value) and 8504.40 (26%). It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8504 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Iraq trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
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