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Exports In 2022, Barbados exported $9.15M in Scrap Iron, making it the 117th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 13th most exported product in Barbados. The main destination of Scrap Iron exports from Barbados are: Canada ($5.03M), United Arab Emirates ($1.26M), United States ($846k), Chinese Taipei ($576k), and Thailand ($533k).

The fastest growing export markets for Scrap Iron of Barbados between 2021 and 2022 were Canada ($1.67M), India ($337k), and United States ($310k).

Imports In 2022, Barbados imported $27.8k in Scrap Iron, becoming the 154th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 844th most imported product in Barbados. Barbados imports Scrap Iron primarily from: United States ($27.8k).

The fastest growing import markets in Scrap Iron for Barbados between 2021 and 2022 were United States ($27.7k).

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 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 (2022)$9.15M
IMPORTS (2022)$27.8k
NET TRADE (2022)$9.13M

In 2022, Barbados exported $9.15M in Scrap Iron. The main destinations of Barbados exports on Scrap Iron were Canada ($5.03M), United Arab Emirates ($1.26M), United States ($846k), Chinese Taipei ($576k), and Thailand ($533k).

In 2022, Barbados imported $27.8k in Scrap Iron, mainly from United States ($27.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Canada$1.67M (49.8%)
India$337k (2.28k%)
United States$310k (57.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Barbados WERE (2021 - 2022):
Thailand-$1.32M (-71.3%)
Malaysia-$65.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Scrap Iron were:
In 2022, Barbados's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

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

See methodology.

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