2022
Exports
$15.1MWorld Rnk 106 / 212
Flag Rnk 6 / 454
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$154kWorld Rnk 127 / 187
Flag Rnk 629 / 1110

About

Exports In 2022, Maldives exported $15.1M in Scrap Iron, making it the 106th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 6th most exported product in Maldives. The main destination of Scrap Iron exports from Maldives are: India ($14.8M), United Arab Emirates ($105k), Pakistan ($91.3k), Sri Lanka ($25.6k), and Bangladesh ($22.5k).

The fastest growing export markets for Scrap Iron of Maldives between 2021 and 2022 were India ($294k), United Arab Emirates ($105k), and Bangladesh ($22.5k).

Imports In 2022, Maldives imported $154k in Scrap Iron, becoming the 127th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 629th most imported product in Maldives. Maldives imports Scrap Iron primarily from: India ($124k), Canada ($29.6k), United Arab Emirates ($477), China ($29), and United Kingdom ($29).

The fastest growing import markets in Scrap Iron for Maldives between 2021 and 2022 were India ($95.1k), Canada ($29.6k), and United Arab Emirates ($473).

Latest Trends

Sep 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)$15.1M
IMPORTS (2022)$154k
NET TRADE (2022)$14.9M

In 2022, Maldives exported $15.1M in Scrap Iron. The main destinations of Maldives exports on Scrap Iron were India ($14.8M), United Arab Emirates ($105k), Pakistan ($91.3k), Sri Lanka ($25.6k), and Bangladesh ($22.5k).

In 2022, Maldives imported $154k in Scrap Iron, mainly from India ($124k), Canada ($29.6k), United Arab Emirates ($477), China ($29), and United Kingdom ($29).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Maldives WERE (2021 - 2022):
India$294k (2.02%)
Bangladesh$22.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Maldives WERE (2021 - 2022):
Malaysia-$239k (-96.4%)
Pakistan-$108k (-54.1%)
Oman-$27.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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