2023
Exports
$1.29kWorld Rnk 91 / 107
Flag Rnk 1022 / 1101
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$321kWorld Rnk 69 / 175
Flag Rnk 859 / 1167
2023
ECONOMIC COMPLEXITY of Kenya
-0.47Rnk 86 / 132

About

Exports In 2023, Kenya exported $1.29k in Iron Ingots, making it the 91st largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 1022nd most exported product in Kenya. The main destination of Iron Ingots exports from Kenya are: Tanzania ($871) and Lithuania ($419).

The fastest growing export markets for Iron Ingots of Kenya between 2022 and 2023 were Tanzania ($871) and Lithuania ($419).

Imports In 2023, Kenya imported $321k in Iron Ingots, becoming the 69th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 859th most imported product in Kenya. Kenya imports Iron Ingots primarily from: South Africa ($165k), China ($155k), India ($439), Brazil ($167), and Burkina Faso ($42).

The fastest growing import markets in Iron Ingots for Kenya between 2022 and 2023 were China ($155k), South Africa ($150k), and Brazil ($167).

Latest Trends

Jan 2025

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 Iron Ingots. 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 (2023)$1.29k
IMPORTS (2023)$321k
NET TRADE (2023)-$319k

In 2023, Kenya exported $1.29k in Iron Ingots. The main destinations of Kenya exports on Iron Ingots were Tanzania ($871) and Lithuania ($419).

In 2023, Kenya imported $321k in Iron Ingots, mainly from South Africa ($165k), China ($155k), India ($439), Brazil ($167), and Burkina Faso ($42).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Kenya WERE (2022 - 2023):
Tanzania$871 (1%)
Lithuania$419 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Kenya WERE (2022 - 2023):
Rwanda-$16.4k (-100%)
South Africa-$56 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kenya's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Kenya's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.03k
TOP IMPORT POTENTIALTanzania+ $9.25k

Iron Ingots’s highest export potential is Italy. With an export gap of $1.03k.   Iron Ingots’s highest import potential is Tanzania with an import gap of $9.25k.

See methodology.

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