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720410 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.06BRnk 2045 / 4644
2023
Top Exporter | Top Importer $102M | $124MLebanon | India
2023
Product Complexity -0.89Rnk 3700 / 4656
2022 - 2023
Export Growth (CAGR) -25.1%Rnk 4020 / 4644
2023
Share of World Trade 0.0047%Rnk 2045 / 4644

About

Overview This page contains the latest trade data of Waste or scrap, of cast iron. In 2023, Waste or scrap, of cast iron were the world's 2045th most traded product, with a total trade of $1.06B. Between 2022 and 2023 the exports of Waste or scrap, of cast iron decreased by -25.1%, from $1.42B to $1.06B. Trade in Waste or scrap, of cast iron represent 0.0047% of total world trade.

Waste or scrap, of cast iron are a part of Scrap Iron.

Exports In 2023 the top exporters of Waste or scrap, of cast iron  were Lebanon ($102M), Germany ($101M), Australia ($92.5M), France ($83.7M), and United States ($78.8M).

Imports In 2023 the top importers of Waste or scrap, of cast iron were India ($124M), Egypt ($95.4M), Germany ($84.9M), United States ($62.7M), and Spain ($57M).

Ranking Waste or scrap, of cast iron ranks 3700th in the Product Complexity Index (PCI).

Description Cast iron is an alloy that is made when iron is combined with carbon. Cast iron is not easily melted and is typically used to create temporary molds for metal pieces. It is also used in the production of parts for automobiles, machinery, and other large objects.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Waste or scrap, of cast iron. 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)Lebanon$102M
Top Destination (2023)India$124M

In 2023 Waste or scrap, of cast iron were the world's 2045th most traded product (out of 4,644).

In 2023, the top exporters of Waste or scrap, of cast iron were Lebanon ($102M), Germany ($101M), Australia ($92.5M), France ($83.7M), and United States ($78.8M).

In 2023, the top importers of Waste or scrap, of cast iron were India ($124M), Egypt ($95.4M), Germany ($84.9M), United States ($62.7M), and Spain ($57M).

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Exporters of Waste or scrap, of cast iron (2023)
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Importers of Waste or scrap, of cast iron (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Lebanon$22.7M
Top Destination Growth (2022 -  2023)Bangladesh$29.1M

Between 2022 and 2023, the exports of Waste or scrap, of cast iron grew the fastest in Lebanon ($22.7M), New Zealand ($8.78M), Spain ($8.37M), Australia ($6.46M), and Djibouti ($4.48M).

Between 2022 and 2023, the fastest growing importers of Waste or scrap, of cast iron were Bangladesh ($29.1M), Egypt ($28M), India ($20.8M), Morocco ($18.5M), and Denmark ($11.3M).

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Exporters of Waste or scrap, of cast iron (2022 - 2023)

Importers of Waste or scrap, of cast iron (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Waste or scrap, of cast iron.

In 2023, market concentration measured using Shannon Entropy, was 5.03. This means that most of the exports of Waste or scrap, of cast iron are explained by 32 countries.

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Value of Exports in Waste or scrap, of cast iron

Net Trade

TOP NET EXPORTER (2023)Lebanon$102M
TOP NET IMPORTER (2023)India$122M

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

In 2023, the countries that had a largest trade value in exports than in imports of Waste or scrap, of cast iron were Lebanon ($102M), Australia ($92.1M), France ($54.6M), Norway ($47.8M), and Canada ($40.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Waste or scrap, of cast iron were India ($122M), Egypt ($95.3M), Italy ($43.4M), Vietnam ($37.4M), and Turkey ($37.1M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Waste or scrap, of cast iron 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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