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732619 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.15BRnk 866 / 4644
2023
Top Exporter | Top Importer $708M | $652MChina | United States
2023
Product Complexity 0.83Rnk 1068 / 4656
2022 - 2023
Export Growth (CAGR) -2.83%Rnk 1834 / 4644
2023
Share of World Trade 0.018%Rnk 866 / 4644

About

Overview This page contains the latest trade data of Articles, iron or steel nes, forged/stamped, nfw. In 2023, Articles, iron or steel nes, forged/stamped, nfw were the world's 866th most traded product, with a total trade of $4.15B. Between 2022 and 2023 the exports of Articles, iron or steel nes, forged/stamped, nfw decreased by -2.83%, from $4.27B to $4.15B. Trade in Articles, iron or steel nes, forged/stamped, nfw represent 0.018% of total world trade.

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

Exports In 2023 the top exporters of Articles, iron or steel nes, forged/stamped, nfw  were China ($708M), Italy ($580M), United States ($400M), Mexico ($370M), and Germany ($351M).

Imports In 2023 the top importers of Articles, iron or steel nes, forged/stamped, nfw were United States ($652M), Germany ($411M), Mexico ($359M), France ($187M), and China ($151M).

Ranking Articles, iron or steel nes, forged/stamped, nfw ranks 1068th 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 (2023)China$708M
Top Destination (2023)United States$652M

In 2023 Articles, iron or steel nes, forged/stamped, nfw were the world's 866th most traded product (out of 4,644).

In 2023, the top exporters of Articles, iron or steel nes, forged/stamped, nfw were China ($708M), Italy ($580M), United States ($400M), Mexico ($370M), and Germany ($351M).

In 2023, the top importers of Articles, iron or steel nes, forged/stamped, nfw were United States ($652M), Germany ($411M), Mexico ($359M), France ($187M), and China ($151M).

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Exporters of Articles, iron or steel nes, forged/stamped, nfw (2023)
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Importers of Articles, iron or steel nes, forged/stamped, nfw (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$18.6M
Top Destination Growth (2022 -  2023)South Korea$57.3M

Between 2022 and 2023, the exports of Articles, iron or steel nes, forged/stamped, nfw grew the fastest in Germany ($18.6M), Spain ($17.1M), Canada ($13.2M), Turkey ($12M), and United Kingdom ($11.7M).

Between 2022 and 2023, the fastest growing importers of Articles, iron or steel nes, forged/stamped, nfw were South Korea ($57.3M), Poland ($20.8M), Germany ($20.4M), Russia ($13.7M), and United Kingdom ($12.8M).

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Exporters of Articles, iron or steel nes, forged/stamped, nfw (2022 - 2023)

Importers of Articles, iron or steel nes, forged/stamped, nfw (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Articles, iron or steel nes, forged/stamped, nfw are explained by 19 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$557M
TOP NET IMPORTER (2023)United States$251M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Articles, iron or steel nes, forged/stamped, nfw were China ($557M), Italy ($477M), Czechia ($63.3M), Japan ($55M), and India ($46.8M).

In 2023, 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 ($251M), Malaysia ($95.1M), Brazil ($85M), Poland ($70.4M), and Romania ($62.1M).

Net Trade (2023)

Country Comparison

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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 (2023)

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