2022
Exports
$18.7MWorld Rnk 95 / 212
Flag Rnk 40 / 935
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$123kWorld Rnk 130 / 187
Flag Rnk 880 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $18.7M in Scrap Iron, making it the 95th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 40th most exported product in Senegal. The main destination of Scrap Iron exports from Senegal are: India ($14.1M), Singapore ($2.83M), Ukraine ($726k), South Korea ($473k), and United Arab Emirates ($328k).

The fastest growing export markets for Scrap Iron of Senegal between 2021 and 2022 were India ($8.06M), Singapore ($1.56M), and South Korea ($441k).

Imports In 2022, Senegal imported $123k in Scrap Iron, becoming the 130th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 880th most imported product in Senegal. Senegal imports Scrap Iron primarily from: France ($33.8k), China ($29.6k), India ($21.5k), Turkey ($16.4k), and Spain ($11.4k).

The fastest growing import markets in Scrap Iron for Senegal between 2021 and 2022 were France ($30.9k), China ($27k), and Turkey ($16.4k).

Latest Trends

May 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)$18.7M
IMPORTS (2022)$123k
NET TRADE (2022)$18.6M

In 2022, Senegal exported $18.7M in Scrap Iron. The main destinations of Senegal exports on Scrap Iron were India ($14.1M), Singapore ($2.83M), Ukraine ($726k), South Korea ($473k), and United Arab Emirates ($328k).

In 2022, Senegal imported $123k in Scrap Iron, mainly from France ($33.8k), China ($29.6k), India ($21.5k), Turkey ($16.4k), and Spain ($11.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
India$8.06M (134%)
Singapore$1.56M (123%)
South Korea$441k (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Senegal WERE (2021 - 2022):
Ukraine-$614k (-45.8%)
Mali-$545k (-100%)
Pakistan-$215k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Scrap Iron were:
In 2022, Senegal'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+ $8.15M
TOP IMPORT POTENTIALFrance+ $41.7k

Scrap Iron’s highest export potential is India. With an export gap of $8.15M.   Scrap Iron’s highest import potential is France with an import gap of $41.7k.

See methodology.

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