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731021 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.85BRnk 1148 / 4644
2023
Top Exporter | Top Importer $325M | $320MSpain | Belgium
2023
Product Complexity 0.081Rnk 2420 / 4656
2022 - 2023
Export Growth (CAGR) -4.4%Rnk 2029 / 4644
2023
Share of World Trade 0.013%Rnk 1148 / 4644

About

Overview This page contains the latest trade data of Cans, iron/steel, capacity <50l closed by crimp/solde. In 2023, Cans, iron/steel, capacity <50l closed by crimp/solde were the world's 1148th most traded product, with a total trade of $2.85B. Between 2022 and 2023 the exports of Cans, iron/steel, capacity <50l closed by crimp/solde decreased by -4.4%, from $2.98B to $2.85B. Trade in Cans, iron/steel, capacity <50l closed by crimp/solde represent 0.013% of total world trade.

Cans, iron/steel, capacity <50l closed by crimp/solde are a part of Small Iron Containers.

Exports In 2023 the top exporters of Cans, iron/steel, capacity <50l closed by crimp/solde  were Spain ($325M), China ($306M), Germany ($262M), Netherlands ($260M), and United States ($222M).

Imports In 2023 the top importers of Cans, iron/steel, capacity <50l closed by crimp/solde were Belgium ($320M), France ($312M), Netherlands ($295M), Germany ($251M), and Canada ($212M).

Ranking Cans, iron/steel, capacity <50l closed by crimp/solde ranks 2420th in the Product Complexity Index (PCI).

Description Cans are commonly used for food products such as soup, vegetables, beans, and fruit. Iron or steel is used for heavy duty containers for food products. These containers are used when a product is at risk of contamination. Capacity is capped at 50 liters for closed containers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cans, iron/steel, capacity <50l closed by crimp/solde. 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)Spain$325M
Top Destination (2023)Belgium$320M

In 2023 Cans, iron/steel, capacity <50l closed by crimp/solde were the world's 1148th most traded product (out of 4,644).

In 2023, the top exporters of Cans, iron/steel, capacity <50l closed by crimp/solde were Spain ($325M), China ($306M), Germany ($262M), Netherlands ($260M), and United States ($222M).

In 2023, the top importers of Cans, iron/steel, capacity <50l closed by crimp/solde were Belgium ($320M), France ($312M), Netherlands ($295M), Germany ($251M), and Canada ($212M).

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Exporters of Cans, iron/steel, capacity <50l closed by crimp/solde (2023)
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Importers of Cans, iron/steel, capacity <50l closed by crimp/solde (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$22.8M
Top Destination Growth (2022 -  2023)France$39.6M

Between 2022 and 2023, the exports of Cans, iron/steel, capacity <50l closed by crimp/solde grew the fastest in Belgium ($22.8M), Denmark ($17.8M), Italy ($14M), Estonia ($10.4M), and Netherlands ($9.35M).

Between 2022 and 2023, the fastest growing importers of Cans, iron/steel, capacity <50l closed by crimp/solde were France ($39.6M), Netherlands ($25.4M), Germany ($21.9M), South Korea ($10.9M), and Seychelles ($9.45M).

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Exporters of Cans, iron/steel, capacity <50l closed by crimp/solde (2022 - 2023)

Importers of Cans, iron/steel, capacity <50l closed by crimp/solde (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cans, iron/steel, capacity <50l closed by crimp/solde.

In 2023, market concentration measured using Shannon Entropy, was 4.61. This means that most of the exports of Cans, iron/steel, capacity <50l closed by crimp/solde are explained by 24 countries.

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Value of Exports in Cans, iron/steel, capacity <50l closed by crimp/solde

Net Trade

TOP NET EXPORTER (2023)Spain$299M
TOP NET IMPORTER (2023)Belgium$211M

This map shows which countries export or import more of Cans, iron/steel, capacity <50l closed by crimp/solde. Each country is colored based on the difference in exports and imports of Cans, iron/steel, capacity <50l closed by crimp/solde during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cans, iron/steel, capacity <50l closed by crimp/solde were Spain ($299M), China ($280M), Turkey ($147M), Italy ($135M), and United States ($102M).

In 2023, the countries that had a largest trade value in imports than in exports of Cans, iron/steel, capacity <50l closed by crimp/solde were Belgium ($211M), Canada ($203M), France ($149M), Portugal ($73.9M), and Vietnam ($46.9M).

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 Cans, iron/steel, capacity <50l closed by crimp/solde.
It is possible to select the main countries that export or import Cans, iron/steel, capacity <50l closed by crimp/solde in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cans, iron/steel, capacity <50l closed by crimp/solde 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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