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2022
Exports $1.1BWorld Rnk 10 / 212
Flag Rnk 30 / 1208
2022
Destination $163M India
2021 - 2022
FASTEST GROWING MARKET $163MIndia
2022
PRODUCT COMPLEXITY IN Scrap Iron-0.59Rnk 720 / 1025
2022
Imports $104MWorld Rnk 45 / 187
Flag Rnk 327 / 1213
2022
Origin $6.41M Namibia
2021 - 2022
FASTEST GROWING ORIGIN $6.41MNew Zealand
2022
ECONOMIC COMPLEXITY of United Arab Emirates0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $1.1B in Scrap Iron, making it the 10th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 30th most exported product in United Arab Emirates. The main destination of Scrap Iron exports from United Arab Emirates are: India ($871M), Pakistan ($180M), Bangladesh ($31.6M), Malaysia ($3.96M), and Vietnam ($2.02M).

The fastest growing export markets for Scrap Iron of United Arab Emirates between 2021 and 2022 were India ($163M), Vietnam ($2.02M), and Germany ($1.34M).

Imports In 2022, United Arab Emirates imported $104M in Scrap Iron, becoming the 45th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 327th most imported product in United Arab Emirates. United Arab Emirates imports Scrap Iron primarily from: Namibia ($17M), Pakistan ($16.9M), New Zealand ($15M), Netherlands ($6.29M), and Brazil ($6.25M).

The fastest growing import markets in Scrap Iron for United Arab Emirates between 2021 and 2022 were New Zealand ($6.41M), Netherlands ($5.97M), and Tanzania ($5.74M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Iron. 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 (2022)$1.1B
IMPORTS (2022)$104M
NET TRADE (2022)$996M

In 2022, United Arab Emirates exported $1.1B in Scrap Iron. The main destinations of United Arab Emirates exports on Scrap Iron were India ($871M), Pakistan ($180M), Bangladesh ($31.6M), Malaysia ($3.96M), and Vietnam ($2.02M).

In 2022, United Arab Emirates imported $104M in Scrap Iron, mainly from Namibia ($17M), Pakistan ($16.9M), New Zealand ($15M), Netherlands ($6.29M), and Brazil ($6.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
India$163M (23%)
Vietnam$2.02M (1%)
Germany$1.34M (729%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY United Arab Emirates WERE (2021 - 2022):
Pakistan-$149M (-45.3%)
Oman-$22M (-92.3%)
Bangladesh-$5.92M (-15.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Scrap Iron were:
United States $7.92B
Germany $5.21B
United Kingdom $3.91B
In 2022, United Arab Emirates's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $12.7M
TOP IMPORT POTENTIALUnited States+ $3.87M

Scrap Iron’s highest export potential is Bangladesh. With an export gap of $12.7M.   Scrap Iron’s highest import potential is United States with an import gap of $3.87M.

See methodology.

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