Scrap Iron in   United States

Overview In January 2024 United States' Scrap Iron exports accounted up to $449M and imports accounted up to $196M, resulting in a positive trade balance of $253M. Between January 2023 and January 2024 the exports of United States'   Scrap Iron have decreased by $-46.5M (-9.38%) from $496M to $449M, while imports increased by $45.7M (30.3%) from $151M to $196M.

Destinations In January 2024, Scrap Iron were exported mostly to Mexico ($117M), Turkey ($82.4M), India ($42.3M), Taiwan ($36.3M), and Peru ($30.1M), and were imported mostly from Canada ($124M), Mexico ($39.4M), Netherlands ($16.5M), Sweden ($15.4M), and Hong Kong ($150k).

Growth In January 2024, the decrease in Scrap Iron's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-52.3M or -38.3%), Bangladesh ($-50.7M or -78.6%), and Malaysia ($-13.9M or -52%). In January 2024, the increase in Scrap Iron's year-by-year imports was explained primarily by an increase in imports from Chile ($57.4k or 77.1%), Panama ($27.1k or 49.7%), and Czechia ($15.9k or 219%).