2023
Exports
$532MWorld Rnk 16 / 207
Flag Rnk 46 / 1209
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$107MWorld Rnk 42 / 177
Flag Rnk 321 / 1210
2023
ECONOMIC COMPLEXITY of United Arab Emirates
0.15Rnk 54 / 132

About

Exports In 2023, United Arab Emirates exported $532M in Scrap Iron, making it the 16th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 46th most exported product in United Arab Emirates. The main destination of Scrap Iron exports from United Arab Emirates are: India ($228M), Pakistan ($217M), Bangladesh ($31.8M), Thailand ($18.8M), and Bahrain ($10.8M).

The fastest growing export markets for Scrap Iron of United Arab Emirates between 2022 and 2023 were Pakistan ($35.2M), Thailand ($18.5M), and Bahrain ($10.8M).

Imports In 2023, United Arab Emirates imported $107M in Scrap Iron, becoming the 42nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 321st most imported product in United Arab Emirates. United Arab Emirates imports Scrap Iron primarily from: New Zealand ($29M), Brazil ($19.9M), China ($8.91M), Oman ($5.11M), and Jamaica ($4.9M).

The fastest growing import markets in Scrap Iron for United Arab Emirates between 2022 and 2023 were Brazil ($14.9M), New Zealand ($14M), and Oman ($4.73M).

Latest Trends

Dec 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 Iron. 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)$532M
IMPORTS (2023)$107M
NET TRADE (2023)$424M

In 2023, United Arab Emirates exported $532M in Scrap Iron. The main destinations of United Arab Emirates exports on Scrap Iron were India ($228M), Pakistan ($217M), Bangladesh ($31.8M), Thailand ($18.8M), and Bahrain ($10.8M).

In 2023, United Arab Emirates imported $107M in Scrap Iron, mainly from New Zealand ($29M), Brazil ($19.9M), China ($8.91M), Oman ($5.11M), and Jamaica ($4.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR United Arab Emirates WERE (2022 - 2023):
Pakistan$35.2M (19.4%)
Thailand$18.5M (5.5k%)
Bahrain$10.8M (441k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY United Arab Emirates WERE (2022 - 2023):
India-$682M (-75%)
Saudi Arabia-$2.43M (-88.4%)
Vietnam-$2.33M (-98.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, United Arab Emirates's main exporting competitors in Scrap Iron were:
In 2023, United Arab Emirates's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $12.7M
TOP IMPORT POTENTIALUnited States+ $3.87M

Scrap Iron’s highest export potential is Bangladesh. With an export gap of $12.7M.   Scrap Iron’s highest import potential is United States with an import gap of $3.87M.

See methodology.

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