2022
Exports
$28.4MWorld Rnk 81 / 212
Flag Rnk 126 / 1105
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$349MWorld Rnk 29 / 187
Flag Rnk 32 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $28.4M in Scrap Iron, making it the 81st largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 126th most exported product in Morocco. The main destination of Scrap Iron exports from Morocco are: Oman ($12.7M), India ($9.99M), Spain ($2.2M), Netherlands ($2.02M), and China ($557k).

The fastest growing export markets for Scrap Iron of Morocco between 2021 and 2022 were Oman ($2.96M), Spain ($176k), and Germany ($134k).

Imports In 2022, Morocco imported $349M in Scrap Iron, becoming the 29th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 32nd most imported product in Morocco. Morocco imports Scrap Iron primarily from: Spain ($110M), United Kingdom ($108M), Netherlands ($62.4M), Denmark ($25.5M), and Sweden ($9.97M).

The fastest growing import markets in Scrap Iron for Morocco between 2021 and 2022 were United Kingdom ($65.6M), Spain ($54.2M), and Netherlands ($25M).

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)$28.4M
IMPORTS (2022)$349M
NET TRADE (2022)-$321M

In 2022, Morocco exported $28.4M in Scrap Iron. The main destinations of Morocco exports on Scrap Iron were Oman ($12.7M), India ($9.99M), Spain ($2.2M), Netherlands ($2.02M), and China ($557k).

In 2022, Morocco imported $349M in Scrap Iron, mainly from Spain ($110M), United Kingdom ($108M), Netherlands ($62.4M), Denmark ($25.5M), and Sweden ($9.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Oman$2.96M (30.3%)
Spain$176k (8.7%)
Germany$134k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Morocco WERE (2021 - 2022):
China-$2.07M (-78.8%)
India-$568k (-5.38%)
Netherlands-$221k (-9.86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Scrap Iron were:
In 2022, Morocco'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 POTENTIALIndia+ $7.76M
TOP IMPORT POTENTIALGermany+ $7.65M

Scrap Iron’s highest export potential is India. With an export gap of $7.76M.   Scrap Iron’s highest import potential is Germany with an import gap of $7.65M.

See methodology.

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