2022
Exports
$2.51MWorld Rnk 143 / 212
Flag Rnk 79 / 802
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$4.25kWorld Rnk 171 / 187
Flag Rnk 1055 / 1100
2022
ECONOMIC COMPLEXITY of Algeria
-0.64Rnk 95 / 133

About

Exports In 2022, Algeria exported $2.51M in Scrap Iron, making it the 143rd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 79th most exported product in Algeria. The main destination of Scrap Iron exports from Algeria are: Netherlands ($1.54M), Turkey ($950k), Thailand ($17.4k), Niger ($1.21k), and Mauritania ($1.15k).

The fastest growing export markets for Scrap Iron of Algeria between 2021 and 2022 were Netherlands ($1.25M), Turkey ($950k), and Thailand ($17.4k).

Imports In 2022, Algeria imported $4.25k in Scrap Iron, becoming the 171st largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 1055th most imported product in Algeria. Algeria imports Scrap Iron primarily from: Italy ($4.25k).

The fastest growing import markets in Scrap Iron for Algeria between 2021 and 2022 were Italy ($4.25k).

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)$2.51M
IMPORTS (2022)$4.25k
NET TRADE (2022)$2.5M

In 2022, Algeria exported $2.51M in Scrap Iron. The main destinations of Algeria exports on Scrap Iron were Netherlands ($1.54M), Turkey ($950k), Thailand ($17.4k), Niger ($1.21k), and Mauritania ($1.15k).

In 2022, Algeria imported $4.25k in Scrap Iron, mainly from Italy ($4.25k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Algeria WERE (2021 - 2022):
Netherlands$1.25M (442%)
Turkey$950k (1%)
Thailand$17.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Algeria WERE (2021 - 2022):
United Arab Emirates-$239k (-100%)
India-$90.7k (-100%)
Spain-$1.16k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Algeria's main exporting competitors in Scrap Iron were:
In 2022, Algeria'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 POTENTIALTurkey+ $1.31M
TOP IMPORT POTENTIALItaly+ $6.9k

Scrap Iron’s highest export potential is Turkey. With an export gap of $1.31M.   Scrap Iron’s highest import potential is Italy with an import gap of $6.9k.

See methodology.

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