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722870 (Harmonized System 1992 for 6-digit)

2023
World Trade $628MRnk 2611 / 4644
2023
Top Exporter | Top Importer $83.7M | $82.3MSpain | United States
2023
Product Complexity 0.36Rnk 1928 / 4656
2022 - 2023
Export Growth (CAGR) -34.5%Rnk 4355 / 4644
2023
Share of World Trade 0.0028%Rnk 2611 / 4644

About

Overview This page contains the latest trade data of Angles, shapes and sections, alloy steel, nes. In 2023, Angles, shapes and sections, alloy steel, nes were the world's 2611th most traded product, with a total trade of $628M. Between 2022 and 2023 the exports of Angles, shapes and sections, alloy steel, nes decreased by -34.5%, from $959M to $628M. Trade in Angles, shapes and sections, alloy steel, nes represent 0.0028% of total world trade.

Angles, shapes and sections, alloy steel, nes are a part of Other Steel Bars.

Exports In 2023 the top exporters of Angles, shapes and sections, alloy steel, nes  were Spain ($83.7M), Luxembourg ($77.7M), China ($68.7M), Germany ($68.1M), and Italy ($56.2M).

Imports In 2023 the top importers of Angles, shapes and sections, alloy steel, nes were United States ($82.3M), Mexico ($53.9M), Canada ($41.4M), Austria ($34.5M), and Germany ($23.6M).

Ranking Angles, shapes and sections, alloy steel, nes ranks 1928th in the Product Complexity Index (PCI).

Description Angles are usually used to measure distance. Alloys are used in steel to improve its quality. Sections are shapes cut to measure the size of a particular material.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Angles, shapes and sections, alloy steel, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Spain$83.7M
Top Destination (2023)United States$82.3M

In 2023 Angles, shapes and sections, alloy steel, nes were the world's 2611th most traded product (out of 4,644).

In 2023, the top exporters of Angles, shapes and sections, alloy steel, nes were Spain ($83.7M), Luxembourg ($77.7M), China ($68.7M), Germany ($68.1M), and Italy ($56.2M).

In 2023, the top importers of Angles, shapes and sections, alloy steel, nes were United States ($82.3M), Mexico ($53.9M), Canada ($41.4M), Austria ($34.5M), and Germany ($23.6M).

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Exporters of Angles, shapes and sections, alloy steel, nes (2023)
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Importers of Angles, shapes and sections, alloy steel, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$3.78M
Top Destination Growth (2022 -  2023)Honduras$5.21M

Between 2022 and 2023, the exports of Angles, shapes and sections, alloy steel, nes grew the fastest in Mexico ($3.78M), Bulgaria ($3.73M), Kazakhstan ($3.13M), United Arab Emirates ($1.77M), and Thailand ($1.13M).

Between 2022 and 2023, the fastest growing importers of Angles, shapes and sections, alloy steel, nes were Honduras ($5.21M), United Arab Emirates ($4.4M), Sweden ($3.74M), Mexico ($2.84M), and Kazakhstan ($2.76M).

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Exporters of Angles, shapes and sections, alloy steel, nes (2022 - 2023)

Importers of Angles, shapes and sections, alloy steel, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Angles, shapes and sections, alloy steel, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Angles, shapes and sections, alloy steel, nes are explained by 18 countries.

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Value of Exports in Angles, shapes and sections, alloy steel, nes

Net Trade

TOP NET EXPORTER (2023)Luxembourg$77.2M
TOP NET IMPORTER (2023)United States$64.7M

This map shows which countries export or import more of Angles, shapes and sections, alloy steel, nes. Each country is colored based on the difference in exports and imports of Angles, shapes and sections, alloy steel, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Angles, shapes and sections, alloy steel, nes were Luxembourg ($77.2M), Spain ($68M), China ($50M), Germany ($44.5M), and Italy ($33.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Angles, shapes and sections, alloy steel, nes were United States ($64.7M), Mexico ($48.8M), Canada ($37.5M), Lebanon ($19.5M), and Austria ($16.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Angles, shapes and sections, alloy steel, nes.
It is possible to select the main countries that export or import Angles, shapes and sections, alloy steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Angles, shapes and sections, alloy steel, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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