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731990 (Harmonized System 1992 for 6-digit)

2023
World Trade $190MRnk 3703 / 4644
2023
Top Exporter | Top Importer $81.5M | $20.5MChina | Malaysia
2023
Product Complexity 0.78Rnk 1153 / 4656
2022 - 2023
Export Growth (CAGR) -1.3%Rnk 1684 / 4644
2023
Share of World Trade 0.00084%Rnk 3703 / 4644

About

Overview This page contains the latest trade data of Articles for sewing/etc, iron/steel, except pin/needl. In 2023, Articles for sewing/etc, iron/steel, except pin/needl were the world's 3703rd most traded product, with a total trade of $190M. Between 2022 and 2023 the exports of Articles for sewing/etc, iron/steel, except pin/needl decreased by -1.3%, from $192M to $190M. Trade in Articles for sewing/etc, iron/steel, except pin/needl represent 0.00084% of total world trade.

Articles for sewing/etc, iron/steel, except pin/needl are a part of Iron Sewing Needles.

Exports In 2023 the top exporters of Articles for sewing/etc, iron/steel, except pin/needl  were China ($81.5M), Japan ($16.2M), United States ($10.7M), Germany ($10.5M), and France ($7.41M).

Imports In 2023 the top importers of Articles for sewing/etc, iron/steel, except pin/needl were Malaysia ($20.5M), United States ($19.8M), India ($13.5M), Germany ($9.32M), and Thailand ($7.32M).

Ranking Articles for sewing/etc, iron/steel, except pin/needl ranks 1153rd in the Product Complexity Index (PCI).

Description Articles is a word that is used to describe an object that is used for a certain purpose. For sewing, it would be a needle and thread. For steel, it would be an iron. For pins and needles, it would be a pin.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Articles for sewing/etc, iron/steel, except pin/needl. 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)China$81.5M
Top Destination (2023)Malaysia$20.5M

In 2023 Articles for sewing/etc, iron/steel, except pin/needl were the world's 3703rd most traded product (out of 4,644).

In 2023, the top exporters of Articles for sewing/etc, iron/steel, except pin/needl were China ($81.5M), Japan ($16.2M), United States ($10.7M), Germany ($10.5M), and France ($7.41M).

In 2023, the top importers of Articles for sewing/etc, iron/steel, except pin/needl were Malaysia ($20.5M), United States ($19.8M), India ($13.5M), Germany ($9.32M), and Thailand ($7.32M).

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Exporters of Articles for sewing/etc, iron/steel, except pin/needl (2023)
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Importers of Articles for sewing/etc, iron/steel, except pin/needl (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.54M
Top Destination Growth (2022 -  2023)Philippines$3.7M

Between 2022 and 2023, the exports of Articles for sewing/etc, iron/steel, except pin/needl grew the fastest in China ($1.54M), United States ($1.33M), Malaysia ($1.23M), Italy ($953k), and Singapore ($946k).

Between 2022 and 2023, the fastest growing importers of Articles for sewing/etc, iron/steel, except pin/needl were Philippines ($3.7M), Germany ($1.4M), Costa Rica ($1.13M), Thailand ($1.05M), and Algeria ($904k).

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Exporters of Articles for sewing/etc, iron/steel, except pin/needl (2022 - 2023)

Importers of Articles for sewing/etc, iron/steel, except pin/needl (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles for sewing/etc, iron/steel, except pin/needl.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Articles for sewing/etc, iron/steel, except pin/needl are explained by 11 countries.

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Value of Exports in Articles for sewing/etc, iron/steel, except pin/needl

Net Trade

TOP NET EXPORTER (2023)China$76.7M
TOP NET IMPORTER (2023)Malaysia$15M

This map shows which countries export or import more of Articles for sewing/etc, iron/steel, except pin/needl. Each country is colored based on the difference in exports and imports of Articles for sewing/etc, iron/steel, except pin/needl during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Articles for sewing/etc, iron/steel, except pin/needl were China ($76.7M), Japan ($14M), South Korea ($4.36M), Singapore ($4.35M), and Chinese Taipei ($2.93M).

In 2023, the countries that had a largest trade value in imports than in exports of Articles for sewing/etc, iron/steel, except pin/needl were Malaysia ($15M), United States ($9.07M), India ($6.43M), Thailand ($6.25M), and Philippines ($6.13M).

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 Articles for sewing/etc, iron/steel, except pin/needl.
It is possible to select the main countries that export or import Articles for sewing/etc, iron/steel, except pin/needl in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles for sewing/etc, iron/steel, except pin/needl 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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