2022
Exports
$26.6MWorld Rnk 83 / 212
Flag Rnk 30 / 1081
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$8.88kWorld Rnk 162 / 187
Flag Rnk 1026 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $26.6M in Scrap Iron, making it the 83rd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 30th most exported product in Namibia. The main destination of Scrap Iron exports from Namibia are: United Arab Emirates ($17M), India ($4.45M), Pakistan ($3.22M), South Africa ($1.38M), and Singapore ($310k).

The fastest growing export markets for Scrap Iron of Namibia between 2021 and 2022 were India ($1.42M), Pakistan ($1.17M), and Singapore ($141k).

Imports In 2022, Namibia imported $8.88k in Scrap Iron, becoming the 162nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 1026th most imported product in Namibia. Namibia imports Scrap Iron primarily from: Singapore ($6.82k), South Africa ($1.19k), Bahamas ($435), Botswana ($266), and Italy ($104).

The fastest growing import markets in Scrap Iron for Namibia between 2021 and 2022 were Singapore ($6.82k), Bahamas ($435), and Italy ($104).

Latest Trends

Jul 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)$26.6M
IMPORTS (2022)$8.88k
NET TRADE (2022)$26.6M

In 2022, Namibia exported $26.6M in Scrap Iron. The main destinations of Namibia exports on Scrap Iron were United Arab Emirates ($17M), India ($4.45M), Pakistan ($3.22M), South Africa ($1.38M), and Singapore ($310k).

In 2022, Namibia imported $8.88k in Scrap Iron, mainly from Singapore ($6.82k), South Africa ($1.19k), Bahamas ($435), Botswana ($266), and Italy ($104).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
India$1.42M (46.9%)
Pakistan$1.17M (56.8%)
Singapore$141k (83.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Namibia WERE (2021 - 2022):
South Africa-$751k (-35.3%)
United Arab Emirates-$447k (-2.56%)
Spain-$67.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Scrap Iron were:
In 2022, Namibia'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+ $6.13M
N/AN/AN/A

Scrap Iron’s highest export potential is India. With an export gap of $6.13M.   Scrap Iron’s highest import potential is N/A with an import gap of N/A.

See methodology.

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