Exports In 2022, Australia exported $911M in Scrap Iron, making it the 12th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 31st most exported product in Australia. The main destination of Scrap Iron exports from Australia are: Bangladesh ($188M), Vietnam ($146M), Chinese Taipei ($135M), Indonesia ($108M), and India ($101M).
The fastest growing export markets for Scrap Iron of Australia between 2021 and 2022 were South Korea ($51.3M), Chinese Taipei ($32.9M), and India ($20.2M).
Imports In 2022, Australia imported $58.6M in Scrap Iron, becoming the 55th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 452nd most imported product in Australia. Australia imports Scrap Iron primarily from: New Zealand ($31.5M), United States ($24.1M), Fiji ($1.88M), Australia ($810k), and Papua New Guinea ($119k).
The fastest growing import markets in Scrap Iron for Australia between 2021 and 2022 were Fiji ($1.3M), Australia ($593k), and South Africa ($65.7k).
COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Scrap Iron from Australia to the United States.