Sign In
Pricing

2022
Exports $56.4MWorld Rnk 67 / 212
Flag Rnk 938 / 1216
2022
Destination $19.7M United States
2021 - 2022
FASTEST GROWING MARKET $19.7MUnited States
2022
PRODUCT COMPLEXITY IN Scrap Iron-0.59Rnk 720 / 1025
2022
Imports $547MWorld Rnk 21 / 187
Flag Rnk 328 / 1212
2022
Origin $33M Japan
2021 - 2022
FASTEST GROWING ORIGIN $33MUnited Kingdom
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $56.4M in Scrap Iron, making it the 67th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 938th most exported product in China. The main destination of Scrap Iron exports from China are: United States ($22.8M), Chinese Taipei ($6.9M), Philippines ($4.51M), United Arab Emirates ($4.17M), and South Korea ($2.97M).

The fastest growing export markets for Scrap Iron of China between 2021 and 2022 were United States ($19.7M), United Arab Emirates ($2.15M), and South Korea ($1.71M).

Imports In 2022, China imported $547M in Scrap Iron, becoming the 21st largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 328th most imported product in China. China imports Scrap Iron primarily from: Japan ($238M), United States ($68.1M), South Korea ($63.9M), United Kingdom ($55.8M), and Thailand ($21.1M).

The fastest growing import markets in Scrap Iron for China between 2021 and 2022 were United Kingdom ($33M), Japan ($27M), and Thailand ($17.6M).

COMPANIES In 2023, leading companies such as CrimsonLogic (2.36k), Amazon (205), and IKEA Group (193) were at the forefront of shipping Scrap Iron from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Scrap Iron exports accounted up to $46.3k and imports accounted up to $13.3M, resulting in a negative trade balance of $13.2M. Between September 2023 and September 2024 the exports of China's   Scrap Iron have decreased by $-16.5k (-26.3%) from $62.8k to $46.3k, while imports decreased by $-24.3M (-64.6%) from $37.6M to $13.3M.

Destinations In September 2024, Scrap Iron were exported mostly to Thailand ($28.7k), Kyrgyzstan ($7.92k), Japan ($7.89k), Indonesia ($1.79k), and Italy ($6), and were imported mostly from Japan ($3.53M), Malaysia ($2.85M), South Korea ($2.13M), Germany ($1.14M), and Chinese Taipei ($839k).

Growth In September 2024, the decrease in Scrap Iron's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Scrap Iron's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-28.1k or -66%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-16.5k(-26.3%)
IMPORT GROWTH (September 2023 - September 2024)$-24.3M(-64.6%)
MAIN EXPORTER (September 2024)Liaoning Province$96.6k
MAIN DESTINATION (September 2024)Thailand$28.7k

This section shows Scrap Iron's exports and imports data at subnational level for China. 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 Iron over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$56.4M
IMPORTS (2022)$547M
NET TRADE (2022)-$491M

In 2022, China exported $56.4M in Scrap Iron. The main destinations of China exports on Scrap Iron were United States ($22.8M), Chinese Taipei ($6.9M), Philippines ($4.51M), United Arab Emirates ($4.17M), and South Korea ($2.97M).

In 2022, China imported $547M in Scrap Iron, mainly from Japan ($238M), United States ($68.1M), South Korea ($63.9M), United Kingdom ($55.8M), and Thailand ($21.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$19.7M (628%)
United Arab Emirates$2.15M (106%)
South Korea$1.71M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY China WERE (2021 - 2022):
Malaysia-$5.34M (-76.4%)
Hong Kong-$3.03M (-75.8%)
Chinese Taipei-$2.81M (-29%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Scrap Iron were:
United States $7.92B
Germany $5.21B
United Kingdom $3.91B
In 2022, China's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

Explore Visualizations

Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.07M
TOP IMPORT POTENTIALUnited States+ $47.1M

Scrap Iron’s highest export potential is United States. With an export gap of $9.07M.   Scrap Iron’s highest import potential is United States with an import gap of $47.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms