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2022
Exports $3.83BWorld Rnk 1 / 200
Flag Rnk 95 / 1217
2022
Destination $146M India
2021 - 2022
FASTEST GROWING MARKET $146MMexico
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $1.42BWorld Rnk 4 / 157
Flag Rnk 323 / 1216
2022
Origin $152M Canada
2021 - 2022
FASTEST GROWING ORIGIN $152MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.83B in Scrap Aluminium, making it the 1st largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 95th most exported product in United States. The main destination of Scrap Aluminium exports from United States are: India ($914M), Malaysia ($650M), South Korea ($547M), Mexico ($409M), and Hong Kong ($272M).

The fastest growing export markets for Scrap Aluminium of United States between 2021 and 2022 were Mexico ($146M), India ($115M), and Thailand ($80.8M).

Imports In 2022, United States imported $1.42B in Scrap Aluminium, becoming the 4th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 323rd most imported product in United States. United States imports Scrap Aluminium primarily from: Canada ($865M), Mexico ($435M), Australia ($18M), Brazil ($11.1M), and Colombia ($10.6M).

The fastest growing import markets in Scrap Aluminium for United States between 2021 and 2022 were Canada ($152M), Mexico ($46M), and Australia ($17.9M).

COMPANIES In 2023, leading companies such as Amazon (283), Disney Cruise Line (78), and Lollicup (62) were at the forefront of shipping Scrap Aluminium to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Scrap Aluminium exports accounted up to $325M and imports accounted up to $117M, resulting in a positive trade balance of $208M. Between September 2023 and September 2024 the exports of United States'   Scrap Aluminium have increased by $13M (4.16%) from $312M to $325M, while imports increased by $28.4M (31.9%) from $88.9M to $117M.

Destinations In September 2024, Scrap Aluminium were exported mostly to India ($68.7M), Thailand ($61M), Malaysia ($51.6M), Hong Kong ($34.9M), and South Korea ($25.2M), and were imported mostly from Canada ($66.9M), Mexico ($39.3M), Colombia ($1.97M), Brazil ($1.62M), and Germany ($1.42M).

Growth In September 2024, the increase in Scrap Aluminium's year-by-year exports was explained primarily by an increase in exports to Thailand ($13.7M or 96.9%), Malaysia ($5.97M or 11.9%), and Hong Kong ($3.4M or 16.3%). In September 2024, the increase in Scrap Aluminium's year-by-year imports was explained primarily by an increase in imports from Canada ($5.29M or 9.62%), China ($69.7k or 1.25k%), and Costa Rica ($68.8k or 34.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$13M(4.16%)
IMPORT GROWTH (September 2023 - September 2024)$28.4M(31.9%)
MAIN EXPORTER (September 2024)Oregon$87.9M
MAIN DESTINATION (September 2024)India$68.7M

This section shows Scrap Aluminium's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Scrap Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.83B
IMPORTS (2022)$1.42B
NET TRADE (2022)$2.41B

In 2022, United States exported $3.83B in Scrap Aluminium. The main destinations of United States exports on Scrap Aluminium were India ($914M), Malaysia ($650M), South Korea ($547M), Mexico ($409M), and Hong Kong ($272M).

In 2022, United States imported $1.42B in Scrap Aluminium, mainly from Canada ($865M), Mexico ($435M), Australia ($18M), Brazil ($11.1M), and Colombia ($10.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$146M (55.3%)
India$115M (14.4%)
Thailand$80.8M (64.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY United States WERE (2021 - 2022):
Malaysia-$222M (-25.5%)
Russia-$88.5M (-94.4%)
Hong Kong-$78.6M (-22.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Scrap Aluminium were:
Germany $2.28B
Canada $1.36B
In 2022, United States's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $56.8M
TOP IMPORT POTENTIALCanada+ $35.8M

Scrap Aluminium’s highest export potential is China. With an export gap of $56.8M.   Scrap Aluminium’s highest import potential is Canada with an import gap of $35.8M.

See methodology.

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