Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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United Arab Emirates | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from United Arab Emirates totalled $ 555 million in 2023. Sales of commodity group 7204 from United Arab Emirates decreased by 40% in value terms compared to 2022. exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 377 million (cumulative exports of commodity group 7204 from United Arab Emirates amounted $932 million in 2022)

Exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." amounted to 0.097% of total exports from United Arab Emirates (cumulative merchandise exports from United Arab Emirates totalled $ 570 billion in 2023). The share of commodity group 7204 in total exports from United Arab Emirates decreased by 0.083 p.p. compared to 2022 (it was 0.18% in 2022 and cumulative exports from United Arab Emirates were equal to $ 515 billion).

Exports of commodity group 7204 amounted to 15.8% of total sales of group "" from United Arab Emirates in 2023 (the value of exports of commodity group from United Arab Emirates amounted to $3.5 billion in 2023). The share of exports of commodity group 7204 in sales of commodity group from United Arab Emirates lowered by 6.71 p.p. compared to 2022 (it was 22% in 2022, and exports of commodity group from United Arab Emirates were $4.12 billion).

Where does United Arab Emirates 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 United Arab Emirates in 2023:

  • India with a share of 45% (253 million US$)
  • Pakistan with a share of 39% (221 million US$)
  • Bangladesh with a share of 5.72% (31 million US$)
  • Malaysia with a share of 2.88% (16 million US$)
  • Thailand with a share of 2.27% (12.6 million US$)
  • Bahrain with a share of 1.95% (10.8 million US$)
  • China - 2.18 million US$
  • Korea - 1.94 million US$
  • Singapore - 1.88 million US$
  • Other Asia, nes - 1.34 million US$

Exports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - from United Arab Emirates in 2023 represented by the following main commodity groups:

  • 68% (378 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
  • 20% (113 million US$): 720421 - Waste & scrap of stainless steel
  • 7.21% (40 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
  • 3.83% (21 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
  • 0.229% (1.27 million US$): 720430 - Waste & scrap of tinned iron/steel
  • 0.088% (492 thousand US$): 720410 - Waste & scrap of cast iron
  • 0.017% (94 thousand US$): 720450 - Remelting ferrous scrap ingots

The value of imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." to United Arab Emirates totalled $ 26 million in 2023. Sales of commodity group 7204 to United Arab Emirates decreased by 6.68% in value terms compared to 2022. imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 1.92 million (the value of imports of commodity group 7204 to United Arab Emirates was equal to $28 million in 2022)

Imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." accounted for 0.005% of total import flow to United Arab Emirates (in 2023, total imports to United Arab Emirates amounted to $ 470 billion). The share of commodity group 7204 in total imports to United Arab Emirates decreased by 0.001 p.p. compared to 2022 (it was 0.006% in 2022 and cumulative imports to United Arab Emirates were equal to $ 420 billion).

Imports of commodity group 7204 reached 0.431% of total imports of group "" to United Arab Emirates in 2023 (imports of commodity group to United Arab Emirates totalled $6.24 billion in 2023). The share of purchases of commodity group 7204 in imports of commodity group to United Arab Emirates went down by 0.045 p.p. compared to 2022 (it was 0.477% in 2022, and imports of commodity group to United Arab Emirates accounted for $6.04 billion).

Where does United Arab Emirates 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 United Arab Emirates in 2023:

  • China with a share of 33% (8.93 million US$)
  • Oman with a share of 18.7% (5.06 million US$)
  • Other Asia, nes with a share of 12.8% (3.45 million US$)
  • Saudi Arabia with a share of 8.79% (2.37 million US$)
  • USA with a share of 6.25% (1.68 million US$)
  • Spain with a share of 3.05% (823 thousand US$)
  • Singapore with a share of 2.17% (585 thousand US$)
  • Germany with a share of 1.82% (490 thousand US$)
  • Australia with a share of 1.67% (452 thousand US$)
  • India with a share of 1.48% (400 thousand US$)

Imports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - to United Arab Emirates in 2023 represented by the following main commodity groups:

  • 32% (8.85 million US$): 720421 - Waste & scrap of stainless steel
  • 27% (7.5 million US$): 720430 - Waste & scrap of tinned iron/steel
  • 21% (5.77 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
  • 10% (2.7 million US$): 720450 - Remelting ferrous scrap ingots
  • 4.02% (1.08 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
  • 3% (810 thousand US$): 720410 - Waste & scrap of cast iron
  • 0.758% (204 thousand US$): 720429 - Waste & scrap of alloy steel other than stainless steel

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United Arab Emirates | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023