2023
Exports
$1.6MWorld Rnk 152 / 207
Flag Rnk 189 / 902
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$1.59MWorld Rnk 85 / 177
Flag Rnk 556 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $1.6M in Scrap Iron, making it the 152nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 189th most exported product in Uruguay. The main destination of Scrap Iron exports from Uruguay are: Spain ($578k), India ($471k), China ($226k), Pakistan ($137k), and Thailand ($123k).

The fastest growing export markets for Scrap Iron of Uruguay between 2022 and 2023 were Spain ($218k), China ($97.2k), and Thailand ($87.6k).

Imports In 2023, Uruguay imported $1.59M in Scrap Iron, becoming the 85th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 556th most imported product in Uruguay. Uruguay imports Scrap Iron primarily from: Brazil ($1.54M), China ($37.1k), Argentina ($21.6k), Chile ($909), and Belgium ($48).

The fastest growing import markets in Scrap Iron for Uruguay between 2022 and 2023 were Brazil ($1.54M), Argentina ($20.4k), and China ($532).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 (2023)$1.6M
IMPORTS (2023)$1.59M
NET TRADE (2023)$7.96k

In 2023, Uruguay exported $1.6M in Scrap Iron. The main destinations of Uruguay exports on Scrap Iron were Spain ($578k), India ($471k), China ($226k), Pakistan ($137k), and Thailand ($123k).

In 2023, Uruguay imported $1.59M in Scrap Iron, mainly from Brazil ($1.54M), China ($37.1k), Argentina ($21.6k), Chile ($909), and Belgium ($48).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Uruguay WERE (2022 - 2023):
Spain$218k (60.6%)
China$97.2k (75.7%)
Thailand$87.6k (247%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Uruguay WERE (2022 - 2023):
Netherlands-$236k (-78.2%)
India-$155k (-24.7%)
Germany-$35.8k (-95.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Scrap Iron were:
In 2023, Uruguay's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $736k
TOP IMPORT POTENTIALItaly+ $15.4k

Scrap Iron’s highest export potential is India. With an export gap of $736k.   Scrap Iron’s highest import potential is Italy with an import gap of $15.4k.

See methodology.

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