2022
Exports
$666kWorld Rnk 52 / 84
Flag Rnk 1102 / 1212
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$713MWorld Rnk 1 / 100
Flag Rnk 141 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $666k in Scrap Vessels, making it the 52nd largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1102nd most exported product in India. The main destination of Scrap Vessels exports from India are: Pakistan ($654k), United Arab Emirates ($8.38k), Ethiopia ($2.8k), and South Africa ($312).

The fastest growing export markets for Scrap Vessels of India between 2021 and 2022 were United Arab Emirates ($8.38k), Ethiopia ($2.8k), and South Africa ($302).

Imports In 2022, India imported $713M in Scrap Vessels, becoming the 1st largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 141st most imported product in India. India imports Scrap Vessels primarily from: South Korea ($153M), Japan ($147M), United States ($67M), Singapore ($53.6M), and Finland ($40.1M).

The fastest growing import markets in Scrap Vessels for India between 2021 and 2022 were Finland ($23.1M), Singapore ($21.4M), and United States ($15M).

Latest Trends

Jul 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 Vessels. 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)$666k
IMPORTS (2022)$713M
NET TRADE (2022)-$712M

In 2022, India exported $666k in Scrap Vessels. The main destinations of India exports on Scrap Vessels were Pakistan ($654k), United Arab Emirates ($8.38k), Ethiopia ($2.8k), and South Africa ($312).

In 2022, India imported $713M in Scrap Vessels, mainly from South Korea ($153M), Japan ($147M), United States ($67M), Singapore ($53.6M), and Finland ($40.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR India WERE (2021 - 2022):
Ethiopia$2.8k (1%)
South Africa$302 (3.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY India WERE (2021 - 2022):
Pakistan-$24.9M (-97.4%)
Namibia-$1.26k (-100%)
Switzerland-$85 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Scrap Vessels were:
In 2022, India's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPakistan+ $600k
TOP IMPORT POTENTIALChina+ $7.5M

Scrap Vessels’s highest export potential is Pakistan. With an export gap of $600k.   Scrap Vessels’s highest import potential is China with an import gap of $7.5M.

See methodology.

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