NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

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

731815 (Harmonized System 1992 for 6-digit)

2023
World Trade $21.9BRnk 143 / 4644
2023
Top Exporter | Top Importer $4.11B | $2.91BChina | United States
2023
Product Complexity 1.16Rnk 529 / 4656
2022 - 2023
Export Growth (CAGR) -6%Rnk 2214 / 4644
2023
Share of World Trade 0.097%Rnk 143 / 4644

About

Overview This page contains the latest trade data of Bolts/screws nes, with/without nut/washer, iron/steel. In 2023, Bolts/screws nes, with/without nut/washer, iron/steel were the world's 143rd most traded product, with a total trade of $21.9B. Between 2022 and 2023 the exports of Bolts/screws nes, with/without nut/washer, iron/steel decreased by -6%, from $23.3B to $21.9B. Trade in Bolts/screws nes, with/without nut/washer, iron/steel represent 0.097% of total world trade.

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

Exports In 2023 the top exporters of Bolts/screws nes, with/without nut/washer, iron/steel  were China ($4.11B), Germany ($2.95B), United States ($2.43B), Chinese Taipei ($1.95B), and Italy ($1.61B).

Imports In 2023 the top importers of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($2.91B), Germany ($2.2B), Mexico ($1.71B), China ($1.03B), and Canada ($920M).

Ranking Bolts/screws nes, with/without nut/washer, iron/steel ranks 529th 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

View
Flow
Y-AXIS SCALE

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.

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$4.11B
Top Destination (2023)United States$2.91B

In 2023 Bolts/screws nes, with/without nut/washer, iron/steel were the world's 143rd most traded product (out of 4,644).

In 2023, the top exporters of Bolts/screws nes, with/without nut/washer, iron/steel were China ($4.11B), Germany ($2.95B), United States ($2.43B), Chinese Taipei ($1.95B), and Italy ($1.61B).

In 2023, the top importers of Bolts/screws nes, with/without nut/washer, iron/steel were United States ($2.91B), Germany ($2.2B), Mexico ($1.71B), China ($1.03B), and Canada ($920M).

Explore Visualizations

Exporters of Bolts/screws nes, with/without nut/washer, iron/steel (2023)
[Click to Select a Country]

Importers of Bolts/screws nes, with/without nut/washer, iron/steel (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$181M
Top Destination Growth (2022 -  2023)France$61.4M

Between 2022 and 2023, the exports of Bolts/screws nes, with/without nut/washer, iron/steel grew the fastest in Germany ($181M), United States ($130M), France ($120M), Italy ($120M), and United Kingdom ($77.4M).

Between 2022 and 2023, the fastest growing importers of Bolts/screws nes, with/without nut/washer, iron/steel were France ($61.4M), India ($47M), Spain ($37.9M), Canada ($37.6M), and Saudi Arabia ($33.6M).

Explore Visualizations

Exporters of Bolts/screws nes, with/without nut/washer, iron/steel (2022 - 2023)

Importers of Bolts/screws nes, with/without nut/washer, iron/steel (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Bolts/screws nes, with/without nut/washer, iron/steel are explained by 18 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2023)China$3.08B
TOP NET IMPORTER (2023)Mexico$1.56B

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 2023.

In 2023, 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 ($3.08B), Chinese Taipei ($1.86B), Italy ($1.12B), Japan ($1.03B), and Germany ($747M).

In 2023, the countries that had a largest trade value in imports than in exports of Bolts/screws nes, with/without nut/washer, iron/steel were Mexico ($1.56B), Canada ($639M), United States ($486M), Brazil ($358M), and France ($247M).

Net Trade (2023)

Country Comparison

Flow
Measure
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 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms