2022
Exports
$64.4MWorld Rnk 64 / 212
Flag Rnk 38 / 1061
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$285kWorld Rnk 115 / 187
Flag Rnk 850 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $64.4M in Scrap Iron, making it the 64th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 38th most exported product in Iran. The main destination of Scrap Iron exports from Iran are: Kuwait ($33.5M), Pakistan ($29.7M), Turkey ($599k), and United Arab Emirates ($582k).

The fastest growing export markets for Scrap Iron of Iran between 2021 and 2022 were Kuwait ($33.5M) and United Arab Emirates ($582k).

Imports In 2022, Iran imported $285k in Scrap Iron, becoming the 115th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 850th most imported product in Iran. Iran imports Scrap Iron primarily from: Kazakhstan ($162k), Azerbaijan ($74.2k), Turkey ($38.3k), and Senegal ($10.9k).

The fastest growing import markets in Scrap Iron for Iran between 2021 and 2022 were Azerbaijan ($74.2k), Turkey ($32.7k), and Senegal ($10.9k).

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)$64.4M
IMPORTS (2022)$285k
NET TRADE (2022)$64.1M

In 2022, Iran exported $64.4M in Scrap Iron. The main destinations of Iran exports on Scrap Iron were Kuwait ($33.5M), Pakistan ($29.7M), Turkey ($599k), and United Arab Emirates ($582k).

In 2022, Iran imported $285k in Scrap Iron, mainly from Kazakhstan ($162k), Azerbaijan ($74.2k), Turkey ($38.3k), and Senegal ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Kuwait$33.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Iran WERE (2021 - 2022):
Turkey-$4.35M (-87.9%)
Pakistan-$2.3M (-7.18%)
Germany-$67.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Scrap Iron were:
In 2022, Iran'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

Flow
View
TOP EXPORT POTENTIALPakistan+ $11.1M
TOP IMPORT POTENTIALKazakhstan+ $91.1k

Scrap Iron’s highest export potential is Pakistan. With an export gap of $11.1M.   Scrap Iron’s highest import potential is Kazakhstan with an import gap of $91.1k.

See methodology.

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