Exports In 2022, Singapore exported $530M in Scrap Iron, making it the 18th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 81st most exported product in Singapore. The main destination of Scrap Iron exports from Singapore are: India ($207M), Vietnam ($102M), Indonesia ($95.9M), Malaysia ($38.7M), and Hong Kong ($26.6M).
The fastest growing export markets for Scrap Iron of Singapore between 2021 and 2022 were India ($124M), Vietnam ($43.4M), and Hong Kong ($8.72M).
Imports In 2022, Singapore imported $98.8M in Scrap Iron, becoming the 48th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 333rd most imported product in Singapore. Singapore imports Scrap Iron primarily from: New Zealand ($19.9M), Malaysia ($18.2M), Sweden ($8.2M), Dominican Republic ($7.29M), and Australia ($5.63M).
The fastest growing import markets in Scrap Iron for Singapore between 2021 and 2022 were Sweden ($8.17M), New Zealand ($6.71M), and Australia ($4.76M).
COMPANIES In 2023, leading companies such as SIGMA Corp (4) were at the forefront of shipping Scrap Iron from Singapore to the United States.