Scrap Iron in   United States

Overview In November 2024 United States' Scrap Iron exports accounted up to $553M and imports accounted up to $162M, resulting in a positive trade balance of $391M. Between November 2023 and November 2024 the exports of United States'   Scrap Iron have increased by $64.7M (13.2%) from $489M to $553M, while imports decreased by $-520k (-0.32%) from $162M to $162M.

Destinations In November 2024, Scrap Iron were exported mostly to Turkey ($135M), India ($97.1M), Mexico ($54.8M), Bangladesh ($53M), and Thailand ($47.3M), and were imported mostly from Canada ($102M), Mexico ($40M), Sweden ($16.3M), Japan ($1.52M), and China ($616k).

Growth In November 2024, the increase in Scrap Iron's year-by-year exports was explained primarily by an increase in exports to India ($45.8M or 171%), Vietnam ($19.3M or 167%), and Thailand ($9.79M or 58.6%). In November 2024, the decrease in Scrap Iron's year-by-year imports was explained primarily by a decrease in imports from Sweden ($-21.4M or -99.7%), Mexico ($-10.4M or -34.6%), and Canada ($-4.48M or -3.66%).