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Exports In 2023, Maldives exported $10.8M in Scrap Iron, making it the 117th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 7th most exported product in Maldives. The main destination of Scrap Iron exports from Maldives are: India ($10.6M), United Arab Emirates ($69.8k), Singapore ($35.3k), and Pakistan ($848).

The fastest growing export markets for Scrap Iron of Maldives between 2022 and 2023 were Singapore ($35.3k).

Imports In 2023, Maldives imported $3.58k in Scrap Iron, becoming the 161st largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 965th most imported product in Maldives. Maldives imports Scrap Iron primarily from: United Arab Emirates ($2.71k), Malaysia ($523), India ($268), Indonesia ($50), and Thailand ($29).

The fastest growing import markets in Scrap Iron for Maldives between 2022 and 2023 were United Arab Emirates ($2.23k), Malaysia ($523), and Indonesia ($50).

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)$10.8M
IMPORTS (2023)$3.58k
NET TRADE (2023)$10.8M

In 2023, Maldives exported $10.8M in Scrap Iron. The main destinations of Maldives exports on Scrap Iron were India ($10.6M), United Arab Emirates ($69.8k), Singapore ($35.3k), and Pakistan ($848).

In 2023, Maldives imported $3.58k in Scrap Iron, mainly from United Arab Emirates ($2.71k), Malaysia ($523), India ($268), Indonesia ($50), and Thailand ($29).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Maldives WERE (2022 - 2023):Singapore$35.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Maldives WERE (2022 - 2023):
India-$4.2M (-28.3%)
Pakistan-$104k (-99.2%)
United Arab Emirates-$35.1k (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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