🇰🇼 Kuwait exports of iron and steel scrap: 2024 trade data
Exports of iron and steel scrap by Kuwait reached $94.7 million in 2024 (223.8 thousand tonnes). Value fell 12% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $148.4 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of iron and steel scrap by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $94.7M | 223.8K t |
| 2023 | $107.7M | 259.7K t |
| 2022 | $96.4M | 199.8K t |
| 2021 | $148.4M | 311.0K t |
| 2020 | $103.5M | 278.9K t |
| 2019 | $76.7M | 203.9K t |
| 2018 | $108.8M | 305.5K t |
| 2017 | $84.1M | 234.1K t |
Where Kuwait exports iron and steel scrap to
One buyer market dominates: India accounted for 74% of the value. Among the main buyer markets, Pakistan grew fastest (+144% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $70.3M | 74% |
| 🇵🇰 Pakistan | $23.8M | 25% |
| 🇦🇪 United Arab Emirates | $449K | 0.5% |
| 🇰🇷 South Korea | $121K | 0.1% |
| 🇨🇳 China | $35K | 0% |
| 🇹🇭 Thailand | $5K | 0% |
Types of iron and steel scrap under HS 7204
| 7204.49 | Ferrous waste and scrap: n.e.c. in heading no. 7204 | 79% |
| 7204.21 | Ferrous waste and scrap: of stainless steel | 12% |
| 7204.10 | Ferrous waste and scrap: of cast iron | 3.6% |
| 7204.29 | Ferrous waste and scrap: of alloy steel (excluding stainless) | 3.4% |
| 7204.41 | Ferrous waste and scrap: turnings, shavings, chips, milling waste, sawdust, fillings, trimmings and stampings, whether or not in bundles | 1.8% |
| 7204.30 | Ferrous waste and scrap: of tinned iron or steel | 0.5% |
Codes and full descriptions: HS heading 7204.
Average export price of iron and steel scrap
The average declared value was about $0.42 per kg, close to the world average of $0.44.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Kuwait?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel.
Iron and steel scrap trade in Kuwait: questions
Does Kuwait export iron and steel scrap?
Yes. Kuwait exported iron and steel scrap worth $94.7 million in 2024, mainly to India, Pakistan, United Arab Emirates.
What is the HS code for iron and steel scrap?
Iron and steel scrap falls under HS heading 7204 (Ferrous waste and scrap; remelting scrap ingots of iron or steel). The six-digit codes under it split the product by type.
How can I find the companies trading iron and steel scrap with Kuwait?
These public statistics stop at country level. EximDataX builds Kuwait trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Iron and steel scrap trade in other countries
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