Exports In 2022, India exported $32.8M in Scrap Iron, making it the 79th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 666th most exported product in India. The main destination of Scrap Iron exports from India are: Sweden ($10.8M), Vietnam ($8.33M), China ($3.38M), Bhutan ($2.44M), and Germany ($2.26M).
The fastest growing export markets for Scrap Iron of India between 2021 and 2022 were Sweden ($4.01M), China ($3.35M), and Germany ($1.06M).
Imports In 2022, India imported $5.65B in Scrap Iron, becoming the 2nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 16th most imported product in India. India imports Scrap Iron primarily from: United States ($987M), United Arab Emirates ($871M), United Kingdom ($639M), Netherlands ($238M), and Canada ($209M).
The fastest growing import markets in Scrap Iron for India between 2021 and 2022 were United States ($565M), United Kingdom ($455M), and United Arab Emirates ($163M).
COMPANIES In 2023, leading companies such as Cinmar (8), SIGMA Corp (7), and At Home Procurement (6) were at the forefront of shipping Scrap Iron from India to the United States.