2022
Exports
$56.4MWorld Rnk 66 / 212
Flag Rnk 52 / 834
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$442kWorld Rnk 110 / 187
Flag Rnk 846 / 1149
2022
ECONOMIC COMPLEXITY of Burma
-0.84Rnk 102 / 133

About

Exports In 2022, Burma exported $56.4M in Scrap Iron, making it the 66th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 52nd most exported product in Burma. The main destination of Scrap Iron exports from Burma are: Thailand ($48.6M), India ($4.56M), China ($2.67M), Singapore ($474k), and Malaysia ($135k).

The fastest growing export markets for Scrap Iron of Burma between 2021 and 2022 were India ($1.99M), China ($326k), and Thailand ($234k).

Imports In 2022, Burma imported $442k in Scrap Iron, becoming the 110th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 846th most imported product in Burma. Burma imports Scrap Iron primarily from: Thailand ($303k), Chinese Taipei ($82.7k), Japan ($40.2k), India ($8.94k), and China ($7.8k).

The fastest growing import markets in Scrap Iron for Burma between 2021 and 2022 were Thailand ($298k), Chinese Taipei ($82.7k), and India ($8.94k).

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)$56.4M
IMPORTS (2022)$442k
NET TRADE (2022)$56M

In 2022, Burma exported $56.4M in Scrap Iron. The main destinations of Burma exports on Scrap Iron were Thailand ($48.6M), India ($4.56M), China ($2.67M), Singapore ($474k), and Malaysia ($135k).

In 2022, Burma imported $442k in Scrap Iron, mainly from Thailand ($303k), Chinese Taipei ($82.7k), Japan ($40.2k), India ($8.94k), and China ($7.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Burma WERE (2021 - 2022):
India$1.99M (77.5%)
China$326k (13.9%)
Thailand$234k (0.48%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Burma WERE (2021 - 2022):
Malaysia-$463k (-77.4%)
Japan-$32k (-49.1%)
United States-$1.39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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