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731582 (Harmonized System 1992 for 6-digit)

2022
World Trade $922MRnk 2297 / 4648
2022
Top Exporter | Top Importer $435M | $156MChina | United States
2022
Product Complexity 0.63Rnk 1408 / 4653
2021 - 2022
Export Growth (CAGR) 14%Rnk 1202 / 4648
2022
Share of World Trade 0.0039%Rnk 2297 / 4648

About

Overview This page contains the latest trade data of Chain, welded link, iron or steel. In 2022, Chain, welded link, iron or steel were the world's 2297th most traded product, with a total trade of $922M. Between 2021 and 2022 the exports of Chain, welded link, iron or steel grew by 14%, from $809M to $922M. Trade in Chain, welded link, iron or steel represent 0.0039% of total world trade.

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

Exports In 2022 the top exporters of Chain, welded link, iron or steel  were China ($435M), Germany ($146M), Spain ($41.9M), Czechia ($38M), and United States ($32.1M).

Imports In 2022 the top importers of Chain, welded link, iron or steel were United States ($156M), China ($66.6M), Germany ($44.5M), Canada ($44.1M), and Spain ($34.5M).

Ranking Chain, welded link, iron or steel ranks 1408th 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 (2022)China$435M
Top Destination (2022)United States$156M

In 2022 Chain, welded link, iron or steel were the world's 2297th most traded product (out of 4,648).

In 2022, the top exporters of Chain, welded link, iron or steel were China ($435M), Germany ($146M), Spain ($41.9M), Czechia ($38M), and United States ($32.1M).

In 2022, the top importers of Chain, welded link, iron or steel were United States ($156M), China ($66.6M), Germany ($44.5M), Canada ($44.1M), and Spain ($34.5M).

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

Color
Top Origin Growth (2021 -  2022)China$91.8M
Top Destination Growth (2021 -  2022)United States$27.1M

Between 2021 and 2022, the exports of Chain, welded link, iron or steel grew the fastest in China ($91.8M), Brazil ($23.2M), Germany ($13M), Greece ($4.5M), and Canada ($4.06M).

Between 2021 and 2022, the fastest growing importers of Chain, welded link, iron or steel were United States ($27.1M), Spain ($23.4M), Mauritania ($15.1M), Brazil ($11.5M), and Japan ($7.06M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Chain, welded link, iron or steel are explained by 8 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$368M
TOP NET IMPORTER (2022)United States$124M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chain, welded link, iron or steel were China ($368M), Germany ($102M), Czechia ($30.1M), Austria ($15.4M), and Spain ($7.44M).

In 2022, the countries that had a largest trade value in imports than in exports of Chain, welded link, iron or steel were United States ($124M), Canada ($34M), Norway ($30.2M), Australia ($28.5M), and United Kingdom ($21.7M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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