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732619 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.98BRnk 762 / 4648
2022
Top Exporter | Top Importer $1.12B | $800MChina | United States
2022
Product Complexity 0.46Rnk 1714 / 4653
2021 - 2022
Export Growth (CAGR) 19.6%Rnk 809 / 4648
2022
Share of World Trade 0.021%Rnk 762 / 4648

About

Overview This page contains the latest trade data of Articles, iron or steel nes, forged/stamped, nfw. In 2022, Articles, iron or steel nes, forged/stamped, nfw were the world's 762nd most traded product, with a total trade of $4.98B. Between 2021 and 2022 the exports of Articles, iron or steel nes, forged/stamped, nfw grew by 19.6%, from $4.16B to $4.98B. Trade in Articles, iron or steel nes, forged/stamped, nfw represent 0.021% of total world trade.

Articles, iron or steel nes, forged/stamped, nfw are a part of Other Iron Products.

Exports In 2022 the top exporters of Articles, iron or steel nes, forged/stamped, nfw  were China ($1.12B), Italy ($613M), United States ($395M), Mexico ($371M), and Germany ($324M).

Imports In 2022 the top importers of Articles, iron or steel nes, forged/stamped, nfw were United States ($800M), Germany ($530M), Mexico ($282M), India ($234M), and France ($222M).

Ranking Articles, iron or steel nes, forged/stamped, nfw ranks 1714th in the Product Complexity Index (PCI).

Description Many types of articles are made from iron or steel, and many are forged or stamped. Cast iron is another type of iron used in articles.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Articles, iron or steel nes, forged/stamped, nfw. 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 (2022)China$1.12B
Top Destination (2022)United States$800M

In 2022 Articles, iron or steel nes, forged/stamped, nfw were the world's 762nd most traded product (out of 4,648).

In 2022, the top exporters of Articles, iron or steel nes, forged/stamped, nfw were China ($1.12B), Italy ($613M), United States ($395M), Mexico ($371M), and Germany ($324M).

In 2022, the top importers of Articles, iron or steel nes, forged/stamped, nfw were United States ($800M), Germany ($530M), Mexico ($282M), India ($234M), and France ($222M).

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Exporters of Articles, iron or steel nes, forged/stamped, nfw (2022)
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Importers of Articles, iron or steel nes, forged/stamped, nfw (2022)
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Market Dynamics

Color
Top Origin Decrease (2021 -  2022)Belarus-$11.8M
Top Destination Growth (2021 -  2022)United States$200M

Between 2021 and 2022, the fastest declining exporters of Articles, iron or steel nes, forged/stamped, nfw were Belarus (-$11.8M), Germany (-$11.4M), Indonesia (-$10.3M), South Korea (-$7.15M), and Netherlands (-$6.4M).

Between 2021 and 2022, the fastest growing importers of Articles, iron or steel nes, forged/stamped, nfw were United States ($200M), India ($171M), Germany ($43M), South Korea ($35.1M), and Mexico ($30.6M).

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Exporters of Articles, iron or steel nes, forged/stamped, nfw (2021 - 2022)

Importers of Articles, iron or steel nes, forged/stamped, nfw (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles, iron or steel nes, forged/stamped, nfw.

In 2022, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Articles, iron or steel nes, forged/stamped, nfw are explained by 18 countries.

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Value of Exports in Articles, iron or steel nes, forged/stamped, nfw

Net Trade

TOP NET EXPORTER (2022)China$1.03B
TOP NET IMPORTER (2022)United States$404M

This map shows which countries export or import more of Articles, iron or steel nes, forged/stamped, nfw. Each country is colored based on the difference in exports and imports of Articles, iron or steel nes, forged/stamped, nfw during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles, iron or steel nes, forged/stamped, nfw were China ($1.03B), Italy ($523M), Spain ($120M), Czechia ($91.9M), and Mexico ($88.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles, iron or steel nes, forged/stamped, nfw were United States ($404M), Germany ($206M), Poland ($80.8M), Romania ($79.9M), and South Korea ($76.7M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles, iron or steel nes, forged/stamped, nfw.
It is possible to select the main countries that export or import Articles, iron or steel nes, forged/stamped, nfw in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles, iron or steel nes, forged/stamped, nfw 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 (2022)

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