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721520 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.72BRnk 1629 / 4648
2022
Top Exporter | Top Importer $432M | $327MItaly | Germany
2022
Product Complexity 0.32Rnk 1963 / 4653
2021 - 2022
Export Growth (CAGR) 9.98%Rnk 1604 / 4648
2022
Share of World Trade 0.0073%Rnk 1629 / 4648

About

Overview This page contains the latest trade data of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C. In 2022, Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were the world's 1629th most traded product, with a total trade of $1.72B. Between 2021 and 2022 the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C grew by 9.98%, from $1.56B to $1.72B. Trade in Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C represent 0.0073% of total world trade.

Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C are a part of Other Iron Bars.

Exports In 2022 the top exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C  were Italy ($432M), Germany ($180M), Spain ($115M), Turkey ($110M), and Czechia ($100M).

Imports In 2022 the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Germany ($327M), France ($123M), Poland ($117M), Mexico ($88.3M), and United States ($60.1M).

Ranking Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C ranks 1963rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C. Countries are shown based on data availability.

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

Explore Latest Trends

* 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)Italy$432M
Top Destination (2022)Germany$327M

In 2022 Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were the world's 1629th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Italy ($432M), Germany ($180M), Spain ($115M), Turkey ($110M), and Czechia ($100M).

In 2022, the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Germany ($327M), France ($123M), Poland ($117M), Mexico ($88.3M), and United States ($60.1M).

Explore Visualizations

Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C (2022)
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Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$67.1M
Top Destination Growth (2021 -  2022)Israel$32.1M

Between 2021 and 2022, the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C grew the fastest in Germany ($67.1M), Palestine ($35.3M), Italy ($30.9M), Czechia ($20.7M), and Turkey ($16.1M).

Between 2021 and 2022, the fastest growing importers of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Israel ($32.1M), Poland ($25.9M), Mexico ($16.6M), France ($13.9M), and Spain ($9.82M).

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Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C (2021 - 2022)

Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C.

In 2022, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C are explained by 18 countries.

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Value of Exports in Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C

Net Trade

TOP NET EXPORTER (2022)Italy$401M
TOP NET IMPORTER (2022)Germany$148M

This map shows which countries export or import more of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C. Each country is colored based on the difference in exports and imports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Italy ($401M), Turkey ($96.6M), Spain ($63.3M), Czechia ($53.6M), and Russia ($40.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C were Germany ($148M), Mexico ($85M), France ($60.3M), Austria ($41.6M), and Canada ($37.8M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C.
It is possible to select the main countries that export or import Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar/rod, iron or non-alloy steel, cold formed/finished, <0.25%C 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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