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Exports In 2022, Marshall Islands exported $255k in Scrap Iron, making it the 179th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 32nd most exported product in Marshall Islands. The main destination of Scrap Iron exports from Marshall Islands are: South Korea ($117k), Greece ($46.4k), Spain ($46.1k), Portugal ($23.7k), and United States ($16.6k).

The fastest growing export markets for Scrap Iron of Marshall Islands between 2021 and 2022 were Spain ($46.1k), Greece ($33.7k), and South Korea ($13.8k).

Imports In 2022, Marshall Islands imported $342 in Scrap Iron, becoming the 180th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 767th most imported product in Marshall Islands. Marshall Islands imports Scrap Iron primarily from: Brazil ($342).

The fastest growing import markets in Scrap Iron for Marshall Islands between 2021 and 2022 were Brazil ($22).

Latest Trends

Aug 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)$255k
IMPORTS (2022)$342
NET TRADE (2022)$254k

In 2022, Marshall Islands exported $255k in Scrap Iron. The main destinations of Marshall Islands exports on Scrap Iron were South Korea ($117k), Greece ($46.4k), Spain ($46.1k), Portugal ($23.7k), and United States ($16.6k).

In 2022, Marshall Islands imported $342 in Scrap Iron, mainly from Brazil ($342).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Marshall Islands WERE (2021 - 2022):
Spain$46.1k (1%)
Greece$33.7k (264%)
South Korea$13.8k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Marshall Islands WERE (2021 - 2022):
India-$139k (-100%)
Japan-$15.6k (-79.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Marshall Islands's main exporting competitors in Scrap Iron were:
In 2022, Marshall Islands'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

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N/A
N/AN/A
N/AN/A

Scrap Iron’s highest export potential is N/A. With an export gap of N/A.   Scrap Iron’s highest import potential is N/A with an import gap of N/A.

See methodology.

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