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720429 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.62BRnk 1196 / 4644
2023
Top Exporter | Top Importer $323M | $314MCanada | United States
2023
Product Complexity -0.24Rnk 2888 / 4656
2022 - 2023
Export Growth (CAGR) -10.9%Rnk 2808 / 4644
2023
Share of World Trade 0.012%Rnk 1196 / 4644

About

Overview This page contains the latest trade data of Waste or scrap, of alloy steel, other than stainless. In 2023, Waste or scrap, of alloy steel, other than stainless were the world's 1196th most traded product, with a total trade of $2.62B. Between 2022 and 2023 the exports of Waste or scrap, of alloy steel, other than stainless decreased by -10.9%, from $2.95B to $2.62B. Trade in Waste or scrap, of alloy steel, other than stainless represent 0.012% of total world trade.

Waste or scrap, of alloy steel, other than stainless are a part of Scrap Iron.

Exports In 2023 the top exporters of Waste or scrap, of alloy steel, other than stainless  were Canada ($323M), United States ($286M), United Kingdom ($257M), Germany ($175M), and Mexico ($171M).

Imports In 2023 the top importers of Waste or scrap, of alloy steel, other than stainless were United States ($314M), India ($285M), Turkey ($175M), Pakistan ($150M), and China ($136M).

Ranking Waste or scrap, of alloy steel, other than stainless ranks 2888th in the Product Complexity Index (PCI).

Description Waste or scrap, of alloy steel, is used in the production of the steel industry, and it is a product that is typically wasted. Alloy steel is not commonly used in other industries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Waste or scrap, of alloy steel, other than stainless. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Canada$323M
Top Destination (2023)United States$314M

In 2023 Waste or scrap, of alloy steel, other than stainless were the world's 1196th most traded product (out of 4,644).

In 2023, the top exporters of Waste or scrap, of alloy steel, other than stainless were Canada ($323M), United States ($286M), United Kingdom ($257M), Germany ($175M), and Mexico ($171M).

In 2023, the top importers of Waste or scrap, of alloy steel, other than stainless were United States ($314M), India ($285M), Turkey ($175M), Pakistan ($150M), and China ($136M).

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Exporters of Waste or scrap, of alloy steel, other than stainless (2023)
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Importers of Waste or scrap, of alloy steel, other than stainless (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$53.5M
Top Destination Growth (2022 -  2023)India$71.8M

Between 2022 and 2023, the exports of Waste or scrap, of alloy steel, other than stainless grew the fastest in Netherlands ($53.5M), Mexico ($52.9M), Poland ($45.5M), Brazil ($43M), and Belgium ($21.7M).

Between 2022 and 2023, the fastest growing importers of Waste or scrap, of alloy steel, other than stainless were India ($71.8M), Egypt ($69.7M), Thailand ($44.6M), China ($25.2M), and Morocco ($25M).

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Exporters of Waste or scrap, of alloy steel, other than stainless (2022 - 2023)

Importers of Waste or scrap, of alloy steel, other than stainless (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste or scrap, of alloy steel, other than stainless.

In 2023, market concentration measured using Shannon Entropy, was 4.82. This means that most of the exports of Waste or scrap, of alloy steel, other than stainless are explained by 28 countries.

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Value of Exports in Waste or scrap, of alloy steel, other than stainless

Net Trade

TOP NET EXPORTER (2023)Canada$288M
TOP NET IMPORTER (2023)India$281M

This map shows which countries export or import more of Waste or scrap, of alloy steel, other than stainless. Each country is colored based on the difference in exports and imports of Waste or scrap, of alloy steel, other than stainless during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Waste or scrap, of alloy steel, other than stainless were Canada ($288M), United Kingdom ($229M), France ($128M), Germany ($120M), and Mexico ($79.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Waste or scrap, of alloy steel, other than stainless were India ($281M), Turkey ($157M), Pakistan ($150M), China ($129M), and Thailand ($109M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Waste or scrap, of alloy steel, other than stainless.
It is possible to select the main countries that export or import Waste or scrap, of alloy steel, other than stainless in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Waste or scrap, of alloy steel, other than stainless by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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