2022
Exports
$22.3MWorld Rnk 78 / 200
Flag Rnk 734 / 1212
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$3.5BWorld Rnk 1 / 157
Flag Rnk 23 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $22.3M in Scrap Aluminium, making it the 78th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 734th most exported product in India. The main destination of Scrap Aluminium exports from India are: South Korea ($14M), China ($2.94M), Belgium ($1.43M), Brazil ($1.07M), and Vietnam ($968k).

The fastest growing export markets for Scrap Aluminium of India between 2021 and 2022 were China ($2.82M), Belgium ($1.43M), and Brazil ($1.07M).

Imports In 2022, India imported $3.5B in Scrap Aluminium, becoming the 1st largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 23rd most imported product in India. India imports Scrap Aluminium primarily from: United States ($914M), Saudi Arabia ($425M), United Kingdom ($382M), United Arab Emirates ($367M), and Singapore ($146M).

The fastest growing import markets in Scrap Aluminium for India between 2021 and 2022 were United States ($115M), Saudi Arabia ($113M), and United Kingdom ($78.2M).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (22), Sobel Westex (2), and Woodstream (1) were at the forefront of shipping Scrap Aluminium from India to the United States.

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 Scrap Aluminium. 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)$22.3M
IMPORTS (2022)$3.5B
NET TRADE (2022)-$3.47B

In 2022, India exported $22.3M in Scrap Aluminium. The main destinations of India exports on Scrap Aluminium were South Korea ($14M), China ($2.94M), Belgium ($1.43M), Brazil ($1.07M), and Vietnam ($968k).

In 2022, India imported $3.5B in Scrap Aluminium, mainly from United States ($914M), Saudi Arabia ($425M), United Kingdom ($382M), United Arab Emirates ($367M), and Singapore ($146M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR India WERE (2021 - 2022):
China$2.82M (2.35k%)
Belgium$1.43M (23.8M%)
Brazil$1.07M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY India WERE (2021 - 2022):
Thailand-$1.96M (-91.8%)
Malaysia-$1.48M (-97.3%)
Hong Kong-$867k (-66.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Scrap Aluminium were:
In 2022, India's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.74M
TOP IMPORT POTENTIALGermany+ $50.2M

Scrap Aluminium’s highest export potential is China. With an export gap of $6.74M.   Scrap Aluminium’s highest import potential is Germany with an import gap of $50.2M.

See methodology.

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