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750511 (Harmonized System 1992 for 6-digit)

2023
World Trade $58.5MRnk 4279 / 4644
2023
Top Exporter | Top Importer $11.6M | $7.3MIndia | Saudi Arabia
2023
Product Complexity 0.65Rnk 1370 / 4656
2022 - 2023
Export Growth (CAGR) -6.86%Rnk 2327 / 4644
2023
Share of World Trade 0.00026%Rnk 4279 / 4644

About

Overview This page contains the latest trade data of Bars, rods and profiles, nickel, not alloyed. In 2023, Bars, rods and profiles, nickel, not alloyed were the world's 4279th most traded product, with a total trade of $58.5M. Between 2022 and 2023 the exports of Bars, rods and profiles, nickel, not alloyed decreased by -6.86%, from $62.8M to $58.5M. Trade in Bars, rods and profiles, nickel, not alloyed represent 0.00026% of total world trade.

Bars, rods and profiles, nickel, not alloyed are a part of Nickel Bars.

Exports In 2023 the top exporters of Bars, rods and profiles, nickel, not alloyed  were India ($11.6M), Germany ($7.67M), United States ($7.38M), Switzerland ($5.39M), and China ($4.99M).

Imports In 2023 the top importers of Bars, rods and profiles, nickel, not alloyed were Saudi Arabia ($7.3M), Germany ($6.45M), Malaysia ($5.53M), China ($4.84M), and United States ($4.67M).

Ranking Bars, rods and profiles, nickel, not alloyed ranks 1370th in the Product Complexity Index (PCI).

Description Bars, Rods, and Profiles are all used in a variety of applications. Bars are typically used for structural purposes, Rods are used primarily for structural purposes, but can also be used for electrical purposes, and Profiles are typically used in mechanical purposes. Nickel, when not alloyed, can be used for a variety of purposes, including electrical and mechanical.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bars, rods and profiles, nickel, not alloyed. 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)India$11.6M
Top Destination (2023)Saudi Arabia$7.3M

In 2023 Bars, rods and profiles, nickel, not alloyed were the world's 4279th most traded product (out of 4,644).

In 2023, the top exporters of Bars, rods and profiles, nickel, not alloyed were India ($11.6M), Germany ($7.67M), United States ($7.38M), Switzerland ($5.39M), and China ($4.99M).

In 2023, the top importers of Bars, rods and profiles, nickel, not alloyed were Saudi Arabia ($7.3M), Germany ($6.45M), Malaysia ($5.53M), China ($4.84M), and United States ($4.67M).

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Exporters of Bars, rods and profiles, nickel, not alloyed (2023)
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Importers of Bars, rods and profiles, nickel, not alloyed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$2.76M
Top Destination Growth (2022 -  2023)China$2.04M

Between 2022 and 2023, the exports of Bars, rods and profiles, nickel, not alloyed grew the fastest in United States ($2.76M), India ($2.5M), Spain ($1.38M), Belgium ($1.37M), and United Arab Emirates ($1.36M).

Between 2022 and 2023, the fastest growing importers of Bars, rods and profiles, nickel, not alloyed were China ($2.04M), Italy ($1.74M), France ($1.37M), Argentina ($623k), and Romania ($510k).

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Exporters of Bars, rods and profiles, nickel, not alloyed (2022 - 2023)

Importers of Bars, rods and profiles, nickel, not alloyed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bars, rods and profiles, nickel, not alloyed.

In 2023, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Bars, rods and profiles, nickel, not alloyed are explained by 13 countries.

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Value of Exports in Bars, rods and profiles, nickel, not alloyed

Net Trade

TOP NET EXPORTER (2023)India$11.1M
TOP NET IMPORTER (2023)Saudi Arabia$7.27M

This map shows which countries export or import more of Bars, rods and profiles, nickel, not alloyed. Each country is colored based on the difference in exports and imports of Bars, rods and profiles, nickel, not alloyed during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bars, rods and profiles, nickel, not alloyed were India ($11.1M), Switzerland ($4.94M), United States ($2.71M), Spain ($1.76M), and Chinese Taipei ($1.69M).

In 2023, the countries that had a largest trade value in imports than in exports of Bars, rods and profiles, nickel, not alloyed were Saudi Arabia ($7.27M), Malaysia ($5.48M), Romania ($3.22M), Thailand ($2.39M), and Brazil ($1.89M).

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 Bars, rods and profiles, nickel, not alloyed.
It is possible to select the main countries that export or import Bars, rods and profiles, nickel, not alloyed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bars, rods and profiles, nickel, not alloyed 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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