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731582 (Harmonized System 1992 for 6-digit)

2023
World Trade $846MRnk 2293 / 4644
2023
Top Exporter | Top Importer $328M | $138MChina | United States
2023
Product Complexity 0.76Rnk 1172 / 4656
2022 - 2023
Export Growth (CAGR) -3.89%Rnk 1961 / 4644
2023
Share of World Trade 0.0037%Rnk 2293 / 4644

About

Overview This page contains the latest trade data of Chain, welded link, iron or steel. In 2023, Chain, welded link, iron or steel were the world's 2293rd most traded product, with a total trade of $846M. Between 2022 and 2023 the exports of Chain, welded link, iron or steel decreased by -3.89%, from $880M to $846M. Trade in Chain, welded link, iron or steel represent 0.0037% of total world trade.

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

Exports In 2023 the top exporters of Chain, welded link, iron or steel  were China ($328M), Germany ($150M), Spain ($85.6M), United States ($30.5M), and Czechia ($30.2M).

Imports In 2023 the top importers of Chain, welded link, iron or steel were United States ($138M), China ($67.3M), Brazil ($60.6M), Indonesia ($43.2M), and Germany ($40.5M).

Ranking Chain, welded link, iron or steel ranks 1172nd in the Product Complexity Index (PCI).

Description The chain is commonly used to hold a boat or a ship together. Iron or steel is a common type of metal used to make various objects and structures.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chain, welded 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 (2023)China$328M
Top Destination (2023)United States$138M

In 2023 Chain, welded link, iron or steel were the world's 2293rd most traded product (out of 4,644).

In 2023, the top exporters of Chain, welded link, iron or steel were China ($328M), Germany ($150M), Spain ($85.6M), United States ($30.5M), and Czechia ($30.2M).

In 2023, the top importers of Chain, welded link, iron or steel were United States ($138M), China ($67.3M), Brazil ($60.6M), Indonesia ($43.2M), and Germany ($40.5M).

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

Color
Top Origin Growth (2022 -  2023)Spain$51.2M
Top Destination Growth (2022 -  2023)Indonesia$30.6M

Between 2022 and 2023, the exports of Chain, welded link, iron or steel grew the fastest in Spain ($51.2M), Germany ($12.6M), Netherlands ($4.04M), United Kingdom ($2.67M), and Greece ($2.17M).

Between 2022 and 2023, the fastest growing importers of Chain, welded link, iron or steel were Indonesia ($30.6M), Brazil ($29.2M), Republic of the Congo ($13.8M), Greece ($5.08M), and Cote d'Ivoire ($4.91M).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Chain, welded link, iron or steel are explained by 10 countries.

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Value of Exports in Chain, welded link, iron or steel

Net Trade

TOP NET EXPORTER (2023)China$260M
TOP NET IMPORTER (2023)United States$107M

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

In 2023, the countries that had a largest trade value in exports than in imports of Chain, welded link, iron or steel were China ($260M), Germany ($110M), Spain ($60.6M), Czechia ($21.1M), and Austria ($19.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Chain, welded link, iron or steel were United States ($107M), Indonesia ($42.9M), Brazil ($42.7M), Canada ($24.6M), and Australia ($23.7M).

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

Top 10 Exporters Countries of Chain, welded 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 (2023)

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