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Pricing

720430 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.06BRnk 2123 / 4648
2022
Top Exporter | Top Importer $112M | $101MCanada | United States
2022
Product Complexity -1.2Rnk 4016 / 4653
2021 - 2022
Export Growth (CAGR) -8.98%Rnk 3890 / 4648
2022
Share of World Trade 0.0045%Rnk 2123 / 4648

About

Overview This page contains the latest trade data of Waste or scrap, of tinned iron or steel. In 2022, Waste or scrap, of tinned iron or steel were the world's 2123rd most traded product, with a total trade of $1.06B. Between 2021 and 2022 the exports of Waste or scrap, of tinned iron or steel decreased by -8.98%, from $1.17B to $1.06B. Trade in Waste or scrap, of tinned iron or steel represent 0.0045% of total world trade.

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

Exports In 2022 the top exporters of Waste or scrap, of tinned iron or steel  were Canada ($112M), Palestine ($102M), France ($102M), Bahrain ($71.2M), and Belgium ($59.6M).

Imports In 2022 the top importers of Waste or scrap, of tinned iron or steel were United States ($101M), India ($91.6M), Belgium ($71.3M), Germany ($69.7M), and Turkey ($64.1M).

Ranking Waste or scrap, of tinned iron or steel ranks 4016th in the Product Complexity Index (PCI).

Description A common use of waste or scrap is steel wool, which can be used for cleaning, polishing, and rust removal. Tinned iron or steel is used as canned food, a material for soldering, and in some cases for cooking.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Waste or scrap, of tinned iron or steel. 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 (2022)Canada$112M
Top Destination (2022)United States$101M

In 2022 Waste or scrap, of tinned iron or steel were the world's 2123rd most traded product (out of 4,648).

In 2022, the top exporters of Waste or scrap, of tinned iron or steel were Canada ($112M), Palestine ($102M), France ($102M), Bahrain ($71.2M), and Belgium ($59.6M).

In 2022, the top importers of Waste or scrap, of tinned iron or steel were United States ($101M), India ($91.6M), Belgium ($71.3M), Germany ($69.7M), and Turkey ($64.1M).

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Exporters of Waste or scrap, of tinned iron or steel (2022)
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Importers of Waste or scrap, of tinned iron or steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Palestine$33.8M
Top Destination Growth (2021 -  2022)India$25.4M

Between 2021 and 2022, the exports of Waste or scrap, of tinned iron or steel grew the fastest in Palestine ($33.8M), Italy ($18.9M), France ($15.3M), Spain ($11.2M), and Belgium ($8.35M).

Between 2021 and 2022, the fastest growing importers of Waste or scrap, of tinned iron or steel were India ($25.4M), Jordan ($22.3M), Israel ($11.3M), Germany ($9.47M), and Ecuador ($8.48M).

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Exporters of Waste or scrap, of tinned iron or steel (2021 - 2022)

Importers of Waste or scrap, of tinned iron or steel (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 5.05. This means that most of the exports of Waste or scrap, of tinned iron or steel are explained by 33 countries.

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Value of Exports in Waste or scrap, of tinned iron or steel

Net Trade

TOP NET EXPORTER (2022)Canada$105M
TOP NET IMPORTER (2022)India$91.6M

This map shows which countries export or import more of Waste or scrap, of tinned iron or steel. Each country is colored based on the difference in exports and imports of Waste or scrap, of tinned iron or steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Waste or scrap, of tinned iron or steel were Canada ($105M), Palestine ($101M), Bahrain ($69.2M), France ($68.7M), and United Kingdom ($35.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Waste or scrap, of tinned iron or steel were India ($91.6M), United States ($70.1M), Turkey ($64M), Jordan ($56.9M), and Germany ($56.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Waste or scrap, of tinned iron or steel 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 (2022)

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