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2022
Exports $182MWorld Rnk 1 / 129
Flag Rnk 613 / 1217
2022
Destination $86.5M Malaysia
2021 - 2022
FASTEST GROWING MARKET $86.5MMalaysia
2022
PRODUCT COMPLEXITY IN Scrap Waste-0.6Rnk 727 / 1025
2022
Imports $22.8MWorld Rnk 9 / 84
Flag Rnk 1065 / 1216
2022
Origin $2.33M Canada
2021 - 2022
FASTEST GROWING ORIGIN $2.33MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $182M in Scrap Waste, making it the 1st largest exporter of Scrap Waste in the world. At the same year, Scrap Waste was the 613th most exported product in United States. The main destination of Scrap Waste exports from United States are: Malaysia ($94M), India ($39.8M), Chinese Taipei ($17.5M), Japan ($8.22M), and Luxembourg ($4.12M).

The fastest growing export markets for Scrap Waste of United States between 2021 and 2022 were Malaysia ($86.5M), India ($15.8M), and Chinese Taipei ($6.02M).

Imports In 2022, United States imported $22.8M in Scrap Waste, becoming the 9th largest importer of Scrap Waste in the world. At the same year, Scrap Waste was the 1065th most imported product in United States. United States imports Scrap Waste primarily from: Canada ($14.9M), Mexico ($7.46M), Pakistan ($134k), Egypt ($116k), and Peru ($72.6k).

The fastest growing import markets in Scrap Waste for United States between 2021 and 2022 were Canada ($2.33M), Mexico ($599k), and Pakistan ($134k).

Latest Trends

September 2024

About

Overview In September 2024 United States' Scrap Waste exports accounted up to $4.35M and imports accounted up to $1.35M, resulting in a positive trade balance of $3M. Between September 2023 and September 2024 the exports of United States'   Scrap Waste have increased by $477k (12.3%) from $3.87M to $4.35M, while imports increased by $910 (0.067%) from $1.35M to $1.35M.

Destinations In September 2024, Scrap Waste were exported mostly to India ($1.45M), Spain ($853k), Japan ($692k), Belgium ($552k), and Italy ($231k), and were imported mostly from Canada ($709k), Mexico ($641k), Germany ($3.06k), China ($2.3k), and Honduras ($0).

Growth In September 2024, the increase in Scrap Waste's year-by-year exports was explained primarily by an increase in exports to Japan ($900k or 250%), Italy ($233k or 276%), and Luxembourg ($122k or 230%). In September 2024, the increase in Scrap Waste's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$477k(12.3%)
IMPORT GROWTH (September 2023 - September 2024)$910(0.067%)
MAIN EXPORTER (September 2024)Illinois$1.37M
MAIN DESTINATION (September 2024)India$1.45M

This section shows Scrap Waste's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Scrap Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$182M
IMPORTS (2022)$22.8M
NET TRADE (2022)$159M

In 2022, United States exported $182M in Scrap Waste. The main destinations of United States exports on Scrap Waste were Malaysia ($94M), India ($39.8M), Chinese Taipei ($17.5M), Japan ($8.22M), and Luxembourg ($4.12M).

In 2022, United States imported $22.8M in Scrap Waste, mainly from Canada ($14.9M), Mexico ($7.46M), Pakistan ($134k), Egypt ($116k), and Peru ($72.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Waste EXPORT MARKETS FOR United States WERE (2021 - 2022):
Malaysia$86.5M (1.14k%)
India$15.8M (66.1%)
Chinese Taipei$6.02M (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Waste BY United States WERE (2021 - 2022):
Vietnam-$3.14M (-91.5%)
Belgium-$2.28M (-76.3%)
New Zealand-$313k (-68.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Scrap Waste were:
France $140M
Germany $129M
In 2022, United States's main importing competitors in Scrap Waste were:
India $258M
Malaysia $169M
Italy $167M

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Trade Value of Scrap Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.89M
TOP IMPORT POTENTIALCanada+ $762k

Scrap Waste’s highest export potential is Italy. With an export gap of $1.89M.   Scrap Waste’s highest import potential is Canada with an import gap of $762k.

See methodology.

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