731511 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Chain, roller, iron or steel. In 2023, Chain, roller, iron or steel were the world's 1326th most traded product, with a total trade of $2.24B. Between 2022 and 2023 the exports of Chain, roller, iron or steel decreased by -12.4%, from $2.56B to $2.24B. Trade in Chain, roller, iron or steel represent 0.0099% of total world trade.

Chain, roller, iron or steel are a part of Iron Chains.

Exports In 2023 the top exporters of Chain, roller, iron or steel  were China ($776M), Japan ($324M), Germany ($282M), Italy ($135M), and United States ($121M).

Imports In 2023 the top importers of Chain, roller, iron or steel were United States ($256M), Germany ($206M), Mexico ($119M), Brazil ($98.5M), and Netherlands ($93.6M).

Ranking Chain, roller, iron or steel ranks 922nd in the Product Complexity Index (PCI).

Description A chain can be used as a weapon or to bind a prisoner or to pull something heavy, like a car. It also can be used to connect two things, like a bicycle chain to a bicycle. A roller is used in a paper or textile mill to press the paper or fabric against a flat, cylindrical surface to remove water, dirt, and other impurities. It is also used in the printing industry. A steel is usually a metal. Companies use this for making tools or buildings.

Latest Data

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The following visualization shows the latest trends on Chain, roller, 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 (2023)China$776M
Top Destination (2023)United States$256M

In 2023 Chain, roller, iron or steel were the world's 1326th most traded product (out of 4,644).

In 2023, the top exporters of Chain, roller, iron or steel were China ($776M), Japan ($324M), Germany ($282M), Italy ($135M), and United States ($121M).

In 2023, the top importers of Chain, roller, iron or steel were United States ($256M), Germany ($206M), Mexico ($119M), Brazil ($98.5M), and Netherlands ($93.6M).

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Exporters of Chain, roller, iron or steel (2023)
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Importers of Chain, roller, iron or steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$38M
Top Destination Growth (2022 -  2023)Japan$16.1M

Between 2022 and 2023, the exports of Chain, roller, iron or steel grew the fastest in Italy ($38M), United States ($4.1M), Romania ($3.97M), Czechia ($2.1M), and Mexico ($1.77M).

Between 2022 and 2023, the fastest growing importers of Chain, roller, iron or steel were Japan ($16.1M), Mexico ($6.7M), United Arab Emirates ($6.27M), Turkey ($4.27M), and Cote d'Ivoire ($4.09M).

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Exporters of Chain, roller, iron or steel (2022 - 2023)

Importers of Chain, roller, iron or steel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chain, roller, iron or steel.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Chain, roller, iron or steel are explained by 11 countries.

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Value of Exports in Chain, roller, iron or steel

Net Trade

TOP NET EXPORTER (2023)China$720M
TOP NET IMPORTER (2023)United States$136M

This map shows which countries export or import more of Chain, roller, iron or steel. Each country is colored based on the difference in exports and imports of Chain, roller, iron or steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Chain, roller, iron or steel were China ($720M), Japan ($257M), Germany ($76.3M), Italy ($73.7M), and Chinese Taipei ($50.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Chain, roller, iron or steel were United States ($136M), Brazil ($93.6M), Mexico ($86.5M), Canada ($68M), and Russia ($48.2M).

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

Top 10 Exporters Countries of Chain, roller, 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 (2023)

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