2023
Exports
$177kWorld Rnk 182 / 207
Flag Rnk 63 / 430
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$281kWorld Rnk 106 / 177
Flag Rnk 445 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $177k in Scrap Iron, making it the 182nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 63rd most exported product in Liberia. The main destination of Scrap Iron exports from Liberia are: Greece ($91.9k), India ($42.7k), Portugal ($30.5k), Japan ($4.61k), and United Arab Emirates ($2.9k).

The fastest growing export markets for Scrap Iron of Liberia between 2022 and 2023 were Greece ($91.9k), Spain ($1.82k), and South Africa ($1.55k).

Imports In 2023, Liberia imported $281k in Scrap Iron, becoming the 106th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 445th most imported product in Liberia. Liberia imports Scrap Iron primarily from: China ($202k), Australia ($76.6k), Hong Kong ($2.49k), Brazil ($528), and India ($147).

The fastest growing import markets in Scrap Iron for Liberia between 2022 and 2023 were China ($202k), Hong Kong ($2.49k), and Brazil ($444).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 (2023)$177k
IMPORTS (2023)$281k
NET TRADE (2023)-$104k

In 2023, Liberia exported $177k in Scrap Iron. The main destinations of Liberia exports on Scrap Iron were Greece ($91.9k), India ($42.7k), Portugal ($30.5k), Japan ($4.61k), and United Arab Emirates ($2.9k).

In 2023, Liberia imported $281k in Scrap Iron, mainly from China ($202k), Australia ($76.6k), Hong Kong ($2.49k), Brazil ($528), and India ($147).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
Greece$91.9k (1%)
Spain$1.82k (1%)
South Africa$1.55k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Liberia WERE (2022 - 2023):
Pakistan-$35.8k (-100%)
India-$30.5k (-41.7%)
Portugal-$12.1k (-28.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Scrap Iron were:
In 2023, Liberia's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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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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