Pakistan | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Pakistan totalled $ 14.1 million in 2023. Sales of commodity group 7204 from Pakistan decreased by 28% in value terms compared to 2022. exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 5.77 million (cumulative exports of commodity group 7204 from Pakistan amounted $19.9 million in 2022)
Exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." amounted to 0.049% of total exports from Pakistan (cumulative merchandise exports from Pakistan totalled $ 28 billion in 2023). The share of commodity group 7204 in total exports from Pakistan decreased by 0.015 p.p. compared to 2022 (it was 0.064% in 2022 and cumulative exports from Pakistan were equal to $ 30 billion).
Exports of commodity group 7204 amounted to 16.2% of total sales of group "" from Pakistan in 2023 (the value of exports of commodity group from Pakistan amounted to $87 million in 2023). The share of exports of commodity group 7204 in sales of commodity group from Pakistan lowered by 17.2 p.p. compared to 2022 (it was 33% in 2022, and exports of commodity group from Pakistan were $59 million).
Where does Pakistan export Ferrous waste and scrap; remelting scrap ingots of iron or steel.?
Top export destinations of "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Pakistan in 2023:
- China with a share of 43% (6.17 million US$)
- United Arab Emirates with a share of 16.1% (2.29 million US$)
- Thailand with a share of 15.9% (2.26 million US$)
- Other Asia, nes with a share of 6.52% (925 thousand US$)
- United Kingdom with a share of 5.15% (731 thousand US$)
- Malaysia with a share of 4.91% (696 thousand US$)
- Korea with a share of 2.57% (364 thousand US$)
- Netherlands with a share of 1.48% (210 thousand US$)
- Singapore with a share of 1.42% (202 thousand US$)
- Japan - 97 thousand US$
Exports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - from Pakistan in 2023 represented by the following main commodity groups:
- 96% (13.6 million US$): 720421 - Waste & scrap of stainless steel
- 2.02% (286 thousand US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 0.522% (74 thousand US$): 720430 - Waste & scrap of tinned iron/steel
- 0.363% (51 thousand US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 0.323% (45 thousand US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
- 0.288% (40 thousand US$): 720410 - Waste & scrap of cast iron
The value of imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." to Pakistan totalled $ 1.04 billion in 2023. Sales of commodity group 7204 to Pakistan decreased by 39% in value terms compared to 2022. imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 686 million (the value of imports of commodity group 7204 to Pakistan was equal to $1.73 billion in 2022)
Imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." accounted for 2.09% of total import flow to Pakistan (in 2023, total imports to Pakistan amounted to $ 50 billion). The share of commodity group 7204 in total imports to Pakistan decreased by 0.376 p.p. compared to 2022 (it was 2.47% in 2022 and cumulative imports to Pakistan were equal to $ 70 billion).
Imports of commodity group 7204 reached 37% of total imports of group "" to Pakistan in 2023 (imports of commodity group to Pakistan totalled $2.75 billion in 2023). The share of purchases of commodity group 7204 in imports of commodity group to Pakistan went down by 6.05 p.p. compared to 2022 (it was 44% in 2022, and imports of commodity group to Pakistan accounted for $3.94 billion).
Where does Pakistan import Ferrous waste and scrap; remelting scrap ingots of iron or steel. from?
Top trading partners (import of "Ferrous waste and scrap; remelting scrap ingots of iron or steel.") of Pakistan in 2023:
- United Kingdom with a share of 26% (276 million US$)
- United Arab Emirates with a share of 22% (235 million US$)
- USA with a share of 10.7% (112 million US$)
- Other Europe, nes with a share of 7.67% (80 million US$)
- Poland with a share of 5.83% (61 million US$)
- Iran with a share of 3.44% (36 million US$)
- Belgium with a share of 2.14% (22 million US$)
- Germany with a share of 1.63% (17 million US$)
- Sweden with a share of 1.56% (16.4 million US$)
- Kuwait with a share of 1.49% (15.6 million US$)
Imports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - to Pakistan in 2023 represented by the following main commodity groups:
- 52% (552 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
- 46% (484 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 0.772% (8.08 million US$): 720430 - Waste & scrap of tinned iron/steel
- 0.094% (988 thousand US$): 720410 - Waste & scrap of cast iron
- 0.036% (383 thousand US$): 720421 - Waste & scrap of stainless steel
- 0% (773 US$): 720429 - Waste & scrap of alloy steel other than stainless steel
