2022
Exports
$7.03MWorld Rnk 128 / 226
Flag Rnk 26 / 92
2022
PRODUCT COMPLEXITY IN Iron or steel articles
1.68Rnk 27 / 1025
2022
Imports
$274MWorld Rnk 102 / 225
Flag Rnk 12 / 96

About

Exports In 2022, Macau exported $7.03M in Iron or steel articles, making it the 128th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 26th most exported product in Macau. The main destination of Iron or steel articles exports from Macau are: China ($2.59M), Hong Kong ($2.15M), Denmark ($554k), Norway ($511k), and Kazakhstan ($251k).

The fastest growing export markets for Iron or steel articles of Macau between 2021 and 2022 were China ($965k), Hong Kong ($782k), and Chinese Taipei ($235k).

Imports In 2022, Macau imported $274M in Iron or steel articles, becoming the 102nd largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 12th most imported product in Macau. Macau imports Iron or steel articles primarily from: China ($249M), Hong Kong ($12.6M), Japan ($2.1M), Chinese Taipei ($2.09M), and Germany ($1.89M).

The fastest growing import markets in Iron or steel articles for Macau between 2021 and 2022 were China ($47.1M), Hong Kong ($1.1M), and France ($384k).

Latest Trends

Oct 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 Iron or steel articles. 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 (2022)$7.03M
IMPORTS (2022)$274M
NET TRADE (2022)-$267M

In 2022, Macau exported $7.03M in Iron or steel articles. The main destinations of Macau exports on Iron or steel articles were China ($2.59M), Hong Kong ($2.15M), Denmark ($554k), Norway ($511k), and Kazakhstan ($251k).

In 2022, Macau imported $274M in Iron or steel articles, mainly from China ($249M), Hong Kong ($12.6M), Japan ($2.1M), Chinese Taipei ($2.09M), and Germany ($1.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Macau WERE (2021 - 2022):
China$965k (59.2%)
Hong Kong$782k (57.2%)
Chinese Taipei$235k (1.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Macau WERE (2021 - 2022):
Denmark-$1.77M (-76.2%)
Norway-$863k (-62.8%)
Canada-$169k (-95.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Macau's main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Macau's main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

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N/A
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Iron or steel articles’s highest export potential is N/A. With an export gap of N/A.   Iron or steel articles’s highest import potential is N/A with an import gap of N/A.

See methodology.

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