Exports In 2023, India exported $23.9M in Scrap Iron, making it the 91st largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 717th most exported product in India. The main destination of Scrap Iron exports from India are: Sweden ($12.1M), Bhutan ($3.19M), China ($2.28M), Germany ($1.87M), and United States ($696k).
The fastest growing export markets for Scrap Iron of India between 2022 and 2023 were Germany ($1.35M), Bhutan ($743k), and Netherlands ($440k).
Imports In 2023, India imported $6.63B in Scrap Iron, becoming the 2nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 14th most imported product in India. India imports Scrap Iron primarily from: United States ($1.15B), United Kingdom ($813M), Poland ($294M), Malaysia ($262M), and Canada ($241M).
The fastest growing import markets in Scrap Iron for India between 2022 and 2023 were United States ($262M), United Kingdom ($234M), and Poland ($196M).
COMPANIES In 2023, leading companies such as Cinmar (8), SIGMA Corp (7), and At Home Procurement (6) were at the forefront of shipping Scrap Iron from India to the United States.