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Bolts/screws nes, with/without nut/washer, iron/steel

731815 (Harmonized System 1992 for 6-digit)

2022
World Trade $23.7BRnk 133 / 4648
2022
Top Exporter | Top Importer $5.26B | $3.87BChina | United States
2022
Product Complexity 1Rnk 771 / 4653
2021 - 2022
Export Growth (CAGR) 13.6%Rnk 1256 / 4648
2022
Share of World Trade 0.1%Rnk 133 / 4648

About

Overview This page contains the latest trade data of Bolts/screws nes, with/without nut/washer, iron/steel. In 2022, Bolts/screws nes, with/without nut/washer, iron/steel were the world's 133rd most traded product, with a total trade of $23.7B. Between 2021 and 2022 the exports of Bolts/screws nes, with/without nut/washer, iron/steel grew by 13.6%, from $20.9B to $23.7B. Trade in Bolts/screws nes, with/without nut/washer, iron/steel represent 0.1% of total world trade.

Bolts/screws nes, with/without nut/washer, iron/steel are a part of Iron Fasteners.

Exports In 2022 the top exporters of Bolts/screws nes, with/without nut/washer, iron/steel  were China ($5.26B), Germany ($3.04B), Chinese Taipei ($2.92B), United States ($2.23B), and Japan ($1.42B).

Imports In 2022 the top importers of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($3.87B), Germany ($2.25B), Mexico ($1.47B), China ($1.17B), and Canada ($868M).

Ranking Bolts/screws nes, with/without nut/washer, iron/steel ranks 771st in the Product Complexity Index (PCI).

Description Bolts and screws are pieces of hardware that are used to fasten objects together. Bolts are often used with nuts to fasten things. Screws are often used without nuts or washers. Iron is a kind of metal and steel is a kind of metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bolts/screws nes, with/without nut/washer, iron/steel. 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$5.26B
Top Destination (2022)United States$3.87B

In 2022 Bolts/screws nes, with/without nut/washer, iron/steel were the world's 133rd most traded product (out of 4,648).

In 2022, the top exporters of Bolts/screws nes, with/without nut/washer, iron/steel were China ($5.26B), Germany ($3.04B), Chinese Taipei ($2.92B), United States ($2.23B), and Japan ($1.42B).

In 2022, the top importers of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($3.87B), Germany ($2.25B), Mexico ($1.47B), China ($1.17B), and Canada ($868M).

Explore Visualizations

Exporters of Bolts/screws nes, with/without nut/washer, iron/steel (2022)
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Importers of Bolts/screws nes, with/without nut/washer, iron/steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.09B
Top Destination Growth (2021 -  2022)United States$860M

Between 2021 and 2022, the exports of Bolts/screws nes, with/without nut/washer, iron/steel grew the fastest in China ($1.09B), Chinese Taipei ($545M), United States ($263M), Poland ($254M), and India ($147M).

Between 2021 and 2022, the fastest growing importers of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($860M), Germany ($314M), Mexico ($169M), Canada ($148M), and India ($94.3M).

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Exporters of Bolts/screws nes, with/without nut/washer, iron/steel (2021 - 2022)

Importers of Bolts/screws nes, with/without nut/washer, iron/steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bolts/screws nes, with/without nut/washer, iron/steel.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Bolts/screws nes, with/without nut/washer, iron/steel are explained by 16 countries.

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Value of Exports in Bolts/screws nes, with/without nut/washer, iron/steel

Net Trade

TOP NET EXPORTER (2022)China$4.08B
TOP NET IMPORTER (2022)United States$1.63B

This map shows which countries export or import more of Bolts/screws nes, with/without nut/washer, iron/steel. Each country is colored based on the difference in exports and imports of Bolts/screws nes, with/without nut/washer, iron/steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bolts/screws nes, with/without nut/washer, iron/steel were China ($4.08B), Chinese Taipei ($2.84B), Japan ($939M), Italy ($822M), and Germany ($793M).

In 2022, the countries that had a largest trade value in imports than in exports of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($1.63B), Mexico ($1.32B), Canada ($601M), Brazil ($338M), and Netherlands ($333M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bolts/screws nes, with/without nut/washer, iron/steel.
It is possible to select the main countries that export or import Bolts/screws nes, with/without nut/washer, iron/steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bolts/screws nes, with/without nut/washer, iron/steel 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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