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731511 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.65BRnk 1241 / 4648
2022
Top Exporter | Top Importer $1.03B | $315MChina | United States
2022
Product Complexity 0.92Rnk 891 / 4653
2021 - 2022
Export Growth (CAGR) 9.86%Rnk 1620 / 4648
2022
Share of World Trade 0.011%Rnk 1241 / 4648

About

Overview This page contains the latest trade data of Chain, roller, iron or steel. In 2022, Chain, roller, iron or steel were the world's 1241st most traded product, with a total trade of $2.65B. Between 2021 and 2022 the exports of Chain, roller, iron or steel grew by 9.86%, from $2.41B to $2.65B. Trade in Chain, roller, iron or steel represent 0.011% of total world trade.

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

Exports In 2022 the top exporters of Chain, roller, iron or steel  were China ($1.03B), Japan ($353M), Germany ($325M), United States ($122M), and Chinese Taipei ($119M).

Imports In 2022 the top importers of Chain, roller, iron or steel were United States ($315M), Germany ($266M), Netherlands ($131M), France ($95.8M), and Indonesia ($90.3M).

Ranking Chain, roller, iron or steel ranks 891st 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 Trends

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 (2022)China$1.03B
Top Destination (2022)United States$315M

In 2022 Chain, roller, iron or steel were the world's 1241st most traded product (out of 4,648).

In 2022, the top exporters of Chain, roller, iron or steel were China ($1.03B), Japan ($353M), Germany ($325M), United States ($122M), and Chinese Taipei ($119M).

In 2022, the top importers of Chain, roller, iron or steel were United States ($315M), Germany ($266M), Netherlands ($131M), France ($95.8M), and Indonesia ($90.3M).

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Exporters of Chain, roller, iron or steel (2022)
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Importers of Chain, roller, iron or steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$144M
Top Destination Growth (2021 -  2022)United States$49.6M

Between 2021 and 2022, the exports of Chain, roller, iron or steel grew the fastest in China ($144M), United States ($24.5M), Chinese Taipei ($23.2M), Germany ($18.9M), and Italy ($11.9M).

Between 2021 and 2022, the fastest growing importers of Chain, roller, iron or steel were United States ($49.6M), Germany ($42M), Mexico ($22.7M), France ($17.2M), and United Kingdom ($17.1M).

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Exporters of Chain, roller, iron or steel (2021 - 2022)

Importers of Chain, roller, iron or steel (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Chain, roller, iron or steel are explained by 10 countries.

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Value of Exports in Chain, roller, iron or steel

Net Trade

TOP NET EXPORTER (2022)China$974M
TOP NET IMPORTER (2022)United States$193M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chain, roller, iron or steel were China ($974M), Japan ($310M), Chinese Taipei ($83.9M), Germany ($58.8M), and Portugal ($36.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Chain, roller, iron or steel were United States ($193M), Indonesia ($89.4M), Canada ($71.8M), Brazil ($65.7M), and France ($62.8M).

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, 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 (2022)

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