2023
Exports
$1.2MWorld Rnk 154 / 207
Flag Rnk 10 / 409
falsefalse United States
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$2.97kWorld Rnk 162 / 177
Flag Rnk 852 / 929

About

Exports In 2023, Cayman Islands exported $1.2M in Scrap Iron, making it the 154th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 10th most exported product in Cayman Islands. The main destination of Scrap Iron exports from Cayman Islands are: United States ($1.2M) and Germany ($5.85k).

Imports In 2023, Cayman Islands imported $2.97k in Scrap Iron, becoming the 162nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 852nd most imported product in Cayman Islands. Cayman Islands imports Scrap Iron primarily from: United States ($2.97k).

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)$1.2M
IMPORTS (2023)$2.97k
NET TRADE (2023)$1.2M

In 2023, Cayman Islands exported $1.2M in Scrap Iron. The main destinations of Cayman Islands exports on Scrap Iron were United States ($1.2M) and Germany ($5.85k).

In 2023, Cayman Islands imported $2.97k in Scrap Iron, mainly from United States ($2.97k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Cayman Islands WERE (2022 - 2023):
Colombia-$2.07M (-100%)
United States-$925k (-43.5%)
Brazil-$7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cayman Islands's main exporting competitors in Scrap Iron were:
In 2023, Cayman Islands'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

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N/A
N/AN/A
N/AN/A

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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