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721540 (Harmonized System 1992 for 6-digit)

2022
World Trade $122kRnk 4611 / 4648
2022
Top Exporter | Top Importer $47.3k | $53.3kKenya | Democratic Republic of the Congo
2022
Product Complexity 0.071Rnk 2420 / 4653
2021 - 2022
Export Growth (CAGR) -99.2%Rnk 4638 / 4648
2022
Share of World Trade <0.01%Rnk 4611 / 4648

About

Overview This page contains the latest trade data of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C. In 2022, Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were the world's 4611th most traded product, with a total trade of $122k. Between 2021 and 2022 the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C decreased by -99.2%, from $15.7M to $122k. Trade in Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C represent 5.2e-7% of total world trade.

Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%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, >0.6%C  were Kenya ($47.3k), Zambia ($25.2k), China ($12.7k), India ($12.2k), and Italy ($9.81k).

Imports In 2022 the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Democratic Republic of the Congo ($53.3k), Rwanda ($47.5k), Tajikistan ($9.84k), Trinidad and Tobago ($8.95k), and Grenada ($2.34k).

Ranking Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C ranks 2420th 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, >0.6%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.

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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)Kenya$47.3k
Top Destination (2022)Democratic Republic of the Congo$53.3k

In 2022 Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were the world's 4611th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Kenya ($47.3k), Zambia ($25.2k), China ($12.7k), India ($12.2k), and Italy ($9.81k).

In 2022, the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Democratic Republic of the Congo ($53.3k), Rwanda ($47.5k), Tajikistan ($9.84k), Trinidad and Tobago ($8.95k), and Grenada ($2.34k).

Explore Visualizations

Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2022)
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Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Kenya$42.2k
Top Destination Growth (2021 -  2022)Democratic Republic of the Congo$41.5k

Between 2021 and 2022, the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C grew the fastest in Kenya ($42.2k), Zambia ($14.1k), India ($12.1k), Italy ($7.06k), and United Kingdom ($5.68k).

Between 2021 and 2022, the fastest growing importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Democratic Republic of the Congo ($41.5k), Rwanda ($34.9k), Tajikistan ($8.57k), Grenada ($2.34k), and Saint Vincent and the Grenadines ($528).

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Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2021 - 2022)

Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%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, >0.6%C.

In 2022, market concentration measured using Shannon Entropy, was 2.53. This means that most of the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C are explained by 5 countries.

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Value of Exports in Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C

Net Trade

TOP NET EXPORTER (2022)Kenya$47.3k
TOP NET IMPORTER (2022)Rwanda$47.1k

This map shows which countries export or import more of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C. Each country is colored based on the difference in exports and imports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%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, >0.6%C were Kenya ($47.3k), Zambia ($25.2k), China ($12.7k), India ($12.2k), and Italy ($9.81k).

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, >0.6%C were Rwanda ($47.1k) and Trinidad and Tobago ($8.42k).

Net Trade (2022)

Country Comparison

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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, >0.6%C.
It is possible to select the main countries that export or import Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%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, >0.6%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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