2022
Exports
$3.94MWorld Rnk 135 / 212
Flag Rnk 9 / 418
falsefalse United States
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$31kWorld Rnk 152 / 187
Flag Rnk 668 / 922

About

Exports In 2022, Cayman Islands exported $3.94M in Scrap Iron, making it the 135th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 9th most exported product in Cayman Islands. The main destination of Scrap Iron exports from Cayman Islands are: United States ($2.12M), Colombia ($1.8M), Germany ($6.99k), and Brazil ($5.98k).

The fastest growing export markets for Scrap Iron of Cayman Islands between 2021 and 2022 were United States ($495k), Germany ($6.99k), and Brazil ($5.98k).

Imports In 2022, Cayman Islands imported $31k in Scrap Iron, becoming the 152nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 668th most imported product in Cayman Islands. Cayman Islands imports Scrap Iron primarily from: United States ($31k).

Latest Trends

Aug 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)$3.94M
IMPORTS (2022)$31k
NET TRADE (2022)$3.91M

In 2022, Cayman Islands exported $3.94M in Scrap Iron. The main destinations of Cayman Islands exports on Scrap Iron were United States ($2.12M), Colombia ($1.8M), Germany ($6.99k), and Brazil ($5.98k).

In 2022, Cayman Islands imported $31k in Scrap Iron, mainly from United States ($31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Cayman Islands WERE (2021 - 2022):
United States$495k (30.4%)
Germany$6.99k (1%)
Brazil$5.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Cayman Islands WERE (2021 - 2022):
Colombia-$46.2k (-2.5%)
Greece-$3.01k (-100%)
Japan-$1.68k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cayman Islands's main exporting competitors in Scrap Iron were:
In 2022, Cayman Islands'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
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N/A
N/AN/A
N/AN/A

Scrap Iron’s highest export potential is N/A. With an export gap of N/A.   Scrap Iron’s highest import potential is N/A with an import gap of N/A.

See methodology.

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