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731519 (Harmonized System 1992 for 6-digit)

2022
World Trade $489MRnk 2955 / 4648
2022
Top Exporter | Top Importer $142M | $71.2MChina | United States
2022
Product Complexity 1.51Rnk 182 / 4653
2021 - 2022
Export Growth (CAGR) 4.66%Rnk 2270 / 4648
2022
Share of World Trade 0.0021%Rnk 2955 / 4648

About

Overview This page contains the latest trade data of Chain parts, articulated link, iron or steel. In 2022, Chain parts, articulated link, iron or steel were the world's 2955th most traded product, with a total trade of $489M. Between 2021 and 2022 the exports of Chain parts, articulated link, iron or steel grew by 4.66%, from $467M to $489M. Trade in Chain parts, articulated link, iron or steel represent 0.0021% of total world trade.

Chain parts, articulated link, iron or steel are a part of Iron Chains.

Exports In 2022 the top exporters of Chain parts, articulated link, iron or steel  were China ($142M), Japan ($77.1M), Germany ($65.8M), United States ($42.7M), and Chinese Taipei ($30.7M).

Imports In 2022 the top importers of Chain parts, articulated link, iron or steel were United States ($71.2M), China ($37.4M), Germany ($30M), Mexico ($30M), and Japan ($29.1M).

Ranking Chain parts, articulated link, iron or steel ranks 182nd in the Product Complexity Index (PCI).

Description The chain is made of a series of links, which move up and down on pins. The links are connected by a rivet. The pins and rivet are located on the ends of the links rather than in the middle, so that the chain doesn't wear out in the middle. The chain links are connected by an articulated link, which is a rigid link with a hole in one end and a rivet on the other end. The iron or steel used in the chain are strong enough to take the weight of the chain.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chain parts, articulated link, iron or 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$142M
Top Destination (2022)United States$71.2M

In 2022 Chain parts, articulated link, iron or steel were the world's 2955th most traded product (out of 4,648).

In 2022, the top exporters of Chain parts, articulated link, iron or steel were China ($142M), Japan ($77.1M), Germany ($65.8M), United States ($42.7M), and Chinese Taipei ($30.7M).

In 2022, the top importers of Chain parts, articulated link, iron or steel were United States ($71.2M), China ($37.4M), Germany ($30M), Mexico ($30M), and Japan ($29.1M).

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Exporters of Chain parts, articulated link, iron or steel (2022)
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Importers of Chain parts, articulated link, iron or steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$19.1M
Top Destination Growth (2021 -  2022)United States$5.6M

Between 2021 and 2022, the exports of Chain parts, articulated link, iron or steel grew the fastest in China ($19.1M), Indonesia ($3.72M), United States ($2.72M), Austria ($2.57M), and France ($2.51M).

Between 2021 and 2022, the fastest growing importers of Chain parts, articulated link, iron or steel were United States ($5.6M), Indonesia ($5.06M), Canada ($3.72M), Germany ($3.19M), and Brazil ($2.65M).

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Exporters of Chain parts, articulated link, iron or steel (2021 - 2022)

Importers of Chain parts, articulated link, iron or steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chain parts, articulated link, iron or steel.

In 2022, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Chain parts, articulated link, iron or steel are explained by 12 countries.

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Value of Exports in Chain parts, articulated link, iron or steel

Net Trade

TOP NET EXPORTER (2022)China$105M
TOP NET IMPORTER (2022)United States$28.4M

This map shows which countries export or import more of Chain parts, articulated link, iron or steel. Each country is colored based on the difference in exports and imports of Chain parts, articulated link, iron or steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chain parts, articulated link, iron or steel were China ($105M), Japan ($48M), Germany ($35.7M), Chinese Taipei ($26.3M), and Switzerland ($6.69M).

In 2022, the countries that had a largest trade value in imports than in exports of Chain parts, articulated link, iron or steel were United States ($28.4M), Mexico ($28.1M), Romania ($16.8M), Brazil ($16.5M), and Canada ($13.2M).

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 Chain parts, articulated link, iron or steel.
It is possible to select the main countries that export or import Chain parts, articulated link, iron or steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chain parts, articulated link, iron or 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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