Scrap Iron in Singapore | The Observatory of Economic Complexity

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Exports In 2022, Singapore exported $530M in Scrap Iron, making it the 18th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 81st most exported product in Singapore. The main destination of Scrap Iron exports from Singapore are: India ($207M), Vietnam ($102M), Indonesia ($95.9M), Malaysia ($38.7M), and Hong Kong ($26.6M).

The fastest growing export markets for Scrap Iron of Singapore between 2021 and 2022 were India ($124M), Vietnam ($43.4M), and Hong Kong ($8.72M).

Imports In 2022, Singapore imported $98.8M in Scrap Iron, becoming the 48th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 333rd most imported product in Singapore. Singapore imports Scrap Iron primarily from: New Zealand ($19.9M), Malaysia ($18.2M), Sweden ($8.2M), Dominican Republic ($7.29M), and Australia ($5.63M).

The fastest growing import markets in Scrap Iron for Singapore between 2021 and 2022 were Sweden ($8.17M), New Zealand ($6.71M), and Australia ($4.76M).

COMPANIES In 2023, leading companies such as SIGMA CORPORATION (4) were at the forefront of shipping Scrap Iron from Singapore to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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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

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Trade Value

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Year

EXPORTS (2022)$530M

IMPORTS (2022)$98.8M

NET TRADE (2022)$431M

In 2022, Singapore exported $530M in Scrap Iron. The main destinations of Singapore exports on Scrap Iron were India ($207M), Vietnam ($102M), Indonesia ($95.9M), Malaysia ($38.7M), and Hong Kong ($26.6M).

In 2022, Singapore imported $98.8M in Scrap Iron, mainly from New Zealand ($19.9M), Malaysia ($18.2M), Sweden ($8.2M), Dominican Republic ($7.29M), and Australia ($5.63M).

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