2022
Exports
$33.2MWorld Rnk 78 / 212
Flag Rnk 186 / 1140
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$1.55BWorld Rnk 13 / 187
Flag Rnk 10 / 1177
2022
ECONOMIC COMPLEXITY of Egypt
-0.1Rnk 69 / 133

About

Exports In 2022, Egypt exported $33.2M in Scrap Iron, making it the 78th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 186th most exported product in Egypt. The main destination of Scrap Iron exports from Egypt are: Netherlands ($13.6M), Vietnam ($13.3M), India ($1.68M), United States ($1.56M), and Belgium ($1.26M).

The fastest growing export markets for Scrap Iron of Egypt between 2021 and 2022 were Belgium ($555k), Turkey ($506k), and Germany ($432k).

Imports In 2022, Egypt imported $1.55B in Scrap Iron, becoming the 13th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 10th most imported product in Egypt. Egypt imports Scrap Iron primarily from: United Kingdom ($597M), Belgium ($348M), Netherlands ($228M), United States ($224M), and Lebanon ($120M).

The fastest growing import markets in Scrap Iron for Egypt between 2021 and 2022 were United States ($21.2M), Austria ($12.6M), and China ($1.17M).

COMPANIES In 2023, leading companies such as SIGMA Corp (1) were at the forefront of shipping Scrap Iron from Egypt to the United States.

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)$33.2M
IMPORTS (2022)$1.55B
NET TRADE (2022)-$1.52B

In 2022, Egypt exported $33.2M in Scrap Iron. The main destinations of Egypt exports on Scrap Iron were Netherlands ($13.6M), Vietnam ($13.3M), India ($1.68M), United States ($1.56M), and Belgium ($1.26M).

In 2022, Egypt imported $1.55B in Scrap Iron, mainly from United Kingdom ($597M), Belgium ($348M), Netherlands ($228M), United States ($224M), and Lebanon ($120M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Egypt WERE (2021 - 2022):
Belgium$555k (79.2%)
Turkey$506k (1%)
Germany$432k (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Egypt WERE (2021 - 2022):
Netherlands-$13.4M (-49.6%)
India-$4.98M (-74.7%)
Portugal-$196k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Egypt's main exporting competitors in Scrap Iron were:
In 2022, Egypt'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 POTENTIALIndia+ $6.98M
TOP IMPORT POTENTIALGermany+ $20.2M

Scrap Iron’s highest export potential is India. With an export gap of $6.98M.   Scrap Iron’s highest import potential is Germany with an import gap of $20.2M.

See methodology.

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