Exports In 2023, Australia exported $949M in Scrap Iron, making it the 10th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 36th most exported product in Australia. The main destination of Scrap Iron exports from Australia are: Bangladesh ($262M), India ($163M), Indonesia ($128M), Vietnam ($126M), and Chinese Taipei ($112M).
The fastest growing export markets for Scrap Iron of Australia between 2022 and 2023 were Bangladesh ($74.4M), India ($72.8M), and Singapore ($1.71M).
Imports In 2023, Australia imported $56.8M in Scrap Iron, becoming the 56th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 435th most imported product in Australia. Australia imports Scrap Iron primarily from: New Zealand ($54.5M), United States ($635k), Fiji ($625k), Papua New Guinea ($507k), and Samoa ($280k).
The fastest growing import markets in Scrap Iron for Australia between 2022 and 2023 were New Zealand ($25.3M), Papua New Guinea ($374k), and Samoa ($80.8k).
COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Scrap Iron from Australia to the United States.