2022
Exports
$166kWorld Rnk 186 / 212
Flag Rnk 38 / 360
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$131kWorld Rnk 129 / 187
Flag Rnk 492 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $166k in Scrap Iron, making it the 186th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 38th most exported product in Liberia. The main destination of Scrap Iron exports from Liberia are: India ($73.2k), Portugal ($37.2k), Pakistan ($30.4k), United States ($10.3k), and United Arab Emirates ($5.51k).

The fastest growing export markets for Scrap Iron of Liberia between 2021 and 2022 were India ($73.2k), Portugal ($29.8k), and United States ($10.3k).

Imports In 2022, Liberia imported $131k in Scrap Iron, becoming the 129th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 492nd most imported product in Liberia. Liberia imports Scrap Iron primarily from: Australia ($110k), Lebanon ($21.5k), and Brazil ($84).

The fastest growing import markets in Scrap Iron for Liberia between N/A and 2022 were Australia ($110k), Lebanon ($21.5k), and Brazil ($84).

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)$166k
IMPORTS (2022)$131k
NET TRADE (2022)$34.7k

In 2022, Liberia exported $166k in Scrap Iron. The main destinations of Liberia exports on Scrap Iron were India ($73.2k), Portugal ($37.2k), Pakistan ($30.4k), United States ($10.3k), and United Arab Emirates ($5.51k).

In 2022, Liberia imported $131k in Scrap Iron, mainly from Australia ($110k), Lebanon ($21.5k), and Brazil ($84).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
India$73.2k (1%)
Portugal$29.8k (405%)
United States$10.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Liberia WERE (2021 - 2022):
Pakistan-$42.1k (-58%)
Greece-$19.5k (-100%)
Japan-$14.5k (-72.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Scrap Iron were:
In 2022, Liberia'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+ $195k
TOP IMPORT POTENTIALUnited States+ $1.33k

Scrap Iron’s highest export potential is India. With an export gap of $195k.   Scrap Iron’s highest import potential is United States with an import gap of $1.33k.

See methodology.

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