2022
Exports
$23.4MWorld Rnk 86 / 212
Flag Rnk 176 / 1158
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$2.71MWorld Rnk 83 / 187
Flag Rnk 733 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $23.4M in Scrap Iron, making it the 86th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 176th most exported product in Ukraine. The main destination of Scrap Iron exports from Ukraine are: Turkey ($9.38M), Poland ($6.61M), Greece ($1.94M), Germany ($1.49M), and India ($1.22M).

The fastest growing export markets for Scrap Iron of Ukraine between 2021 and 2022 were India ($604k), Hungary ($52.4k), and Austria ($7.1k).

Imports In 2022, Ukraine imported $2.71M in Scrap Iron, becoming the 83rd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 733rd most imported product in Ukraine. Ukraine imports Scrap Iron primarily from: Turkey ($1.3M), Senegal ($726k), Russia ($432k), Cyprus ($156k), and Poland ($36.6k).

The fastest growing import markets in Scrap Iron for Ukraine between 2021 and 2022 were Canada ($384), Marshall Islands ($279), and Armenia ($125).

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)$23.4M
IMPORTS (2022)$2.71M
NET TRADE (2022)$20.7M

In 2022, Ukraine exported $23.4M in Scrap Iron. The main destinations of Ukraine exports on Scrap Iron were Turkey ($9.38M), Poland ($6.61M), Greece ($1.94M), Germany ($1.49M), and India ($1.22M).

In 2022, Ukraine imported $2.71M in Scrap Iron, mainly from Turkey ($1.3M), Senegal ($726k), Russia ($432k), Cyprus ($156k), and Poland ($36.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
India$604k (97.6%)
Hungary$52.4k (97.7%)
Austria$7.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Ukraine WERE (2021 - 2022):
Turkey-$212M (-95.8%)
Romania-$14.1M (-94.6%)
Greece-$5.2M (-72.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Scrap Iron were:
In 2022, Ukraine'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
View
TOP EXPORT POTENTIALTurkey+ $13.3M
TOP IMPORT POTENTIALTurkey+ $158k

Scrap Iron’s highest export potential is Turkey. With an export gap of $13.3M.   Scrap Iron’s highest import potential is Turkey with an import gap of $158k.

See methodology.

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