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Exports In 2022, Solomon Islands exported $168k in Scrap Iron, making it the 185th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 27th most exported product in Solomon Islands. The main destination of Scrap Iron exports from Solomon Islands are: India ($100k), Pakistan ($52k), Malaysia ($11.6k), Australia ($3.99k), and New Zealand ($931).

The fastest growing export markets for Scrap Iron of Solomon Islands between 2021 and 2022 were India ($72.2k) and New Zealand ($931).

Imports In 2022, Solomon Islands imported $2.01M in Scrap Iron, becoming the 87th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 58th most imported product in Solomon Islands. Solomon Islands imports Scrap Iron primarily from: United Kingdom ($1.89M), South Africa ($111k), and Australia ($9.15k).

The fastest growing import markets in Scrap Iron for Solomon Islands between 2021 and 2022 were South Africa ($111k) and Australia ($9.15k).

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)$168k
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.84M

In 2022, Solomon Islands exported $168k in Scrap Iron. The main destinations of Solomon Islands exports on Scrap Iron were India ($100k), Pakistan ($52k), Malaysia ($11.6k), Australia ($3.99k), and New Zealand ($931).

In 2022, Solomon Islands imported $2.01M in Scrap Iron, mainly from United Kingdom ($1.89M), South Africa ($111k), and Australia ($9.15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Solomon Islands WERE (2021 - 2022):
India$72.2k (260%)
New Zealand$931 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Solomon Islands WERE (2021 - 2022):
Malaysia-$198k (-94.5%)
Pakistan-$91.6k (-63.8%)
Australia-$192 (-4.59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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