2023
Exports
$7.9MWorld Rnk 20 / 123
Flag Rnk 1108 / 1215
2023
PRODUCT COMPLEXITY IN Scrap Waste
-0.5Rnk 705 / 1025
2023
Imports
$10.4MWorld Rnk 14 / 105
Flag Rnk 991 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $7.9M in Scrap Waste, making it the 20th largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 1108th most exported product in China. The main destination of Scrap Waste exports from China are: Hong Kong ($6.91M), Malaysia ($811k), United Arab Emirates ($127k), Thailand ($40.4k), and Singapore ($7.7k).

The fastest growing export markets for Scrap Waste of China between 2022 and 2023 were Hong Kong ($6.91M), Malaysia ($80.2k), and United Arab Emirates ($58.5k).

Imports In 2023, China imported $10.4M in Scrap Waste, becoming the 14th largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 991st most imported product in China. China imports Scrap Waste primarily from: Malaysia ($3M), Chinese Taipei ($2.72M), Indonesia ($2.21M), Germany ($664k), and Canada ($498k).

The fastest growing import markets in Scrap Waste for China between 2022 and 2023 were Malaysia ($1.11M), Indonesia ($664k), and Canada ($498k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Waste. 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)$7.9M
IMPORTS (2023)$10.4M
NET TRADE (2023)-$2.48M

In 2023, China exported $7.9M in Scrap Waste. The main destinations of China exports on Scrap Waste were Hong Kong ($6.91M), Malaysia ($811k), United Arab Emirates ($127k), Thailand ($40.4k), and Singapore ($7.7k).

In 2023, China imported $10.4M in Scrap Waste, mainly from Malaysia ($3M), Chinese Taipei ($2.72M), Indonesia ($2.21M), Germany ($664k), and Canada ($498k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR China WERE (2022 - 2023):
Hong Kong$6.91M (1%)
Malaysia$80.2k (11%)
United Arab Emirates$58.5k (85.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY China WERE (2022 - 2023):
Belgium-$73.6k (-100%)
United Kingdom-$12.5k (-100%)
Mauritania-$10.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, China's main exporting competitors in Scrap Waste were:
In 2023, China's main importing competitors in Scrap Waste were:
India $154M
Italy $109M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $147k
TOP IMPORT POTENTIALUnited States+ $596k

Scrap Waste’s highest export potential is Malaysia. With an export gap of $147k.   Scrap Waste’s highest import potential is United States with an import gap of $596k.

See methodology.

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