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731100 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.18BRnk 860 / 4644
2023
Top Exporter | Top Importer $1.07B | $561MChina | United States
2023
Product Complexity -0.22Rnk 2863 / 4656
2022 - 2023
Export Growth (CAGR) -4.16%Rnk 2002 / 4644
2023
Share of World Trade 0.019%Rnk 860 / 4644

About

Overview This page contains the latest trade data of Containers for compressed/liquefied gas, iron or stee. In 2023, Containers for compressed/liquefied gas, iron or stee were the world's 860th most traded product, with a total trade of $4.18B. Between 2022 and 2023 the exports of Containers for compressed/liquefied gas, iron or stee decreased by -4.16%, from $4.37B to $4.18B. Trade in Containers for compressed/liquefied gas, iron or stee represent 0.019% of total world trade.

Containers for compressed/liquefied gas, iron or stee are a part of Iron Gas Containers.

Exports In 2023 the top exporters of Containers for compressed/liquefied gas, iron or stee  were China ($1.07B), United States ($366M), Turkey ($279M), Italy ($268M), and Germany ($235M).

Imports In 2023 the top importers of Containers for compressed/liquefied gas, iron or stee were United States ($561M), Germany ($276M), Canada ($185M), United Kingdom ($160M), and France ($156M).

Ranking Containers for compressed/liquefied gas, iron or stee ranks 2863rd in the Product Complexity Index (PCI).

Description Compressed gas is used to pressurize things like tires and cars, and liquefied gas is used for cooking and refrigeration. Iron is used to make metal objects like tools. Steel is a type of iron that has been processed to resist corrosion.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Containers for compressed/liquefied gas, iron or stee. 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$1.07B
Top Destination (2023)United States$561M

In 2023 Containers for compressed/liquefied gas, iron or stee were the world's 860th most traded product (out of 4,644).

In 2023, the top exporters of Containers for compressed/liquefied gas, iron or stee were China ($1.07B), United States ($366M), Turkey ($279M), Italy ($268M), and Germany ($235M).

In 2023, the top importers of Containers for compressed/liquefied gas, iron or stee were United States ($561M), Germany ($276M), Canada ($185M), United Kingdom ($160M), and France ($156M).

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Exporters of Containers for compressed/liquefied gas, iron or stee (2023)
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Importers of Containers for compressed/liquefied gas, iron or stee (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$58.7M
Top Destination Growth (2022 -  2023)Angola$47.6M

Between 2022 and 2023, the exports of Containers for compressed/liquefied gas, iron or stee grew the fastest in Italy ($58.7M), Germany ($52.1M), Spain ($26.8M), India ($17.4M), and Qatar ($13.5M).

Between 2022 and 2023, the fastest growing importers of Containers for compressed/liquefied gas, iron or stee were Angola ($47.6M), France ($32.6M), Mexico ($28.8M), Romania ($24.8M), and Indonesia ($24.2M).

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Exporters of Containers for compressed/liquefied gas, iron or stee (2022 - 2023)

Importers of Containers for compressed/liquefied gas, iron or stee (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Containers for compressed/liquefied gas, iron or stee.

In 2023, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Containers for compressed/liquefied gas, iron or stee are explained by 20 countries.

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Value of Exports in Containers for compressed/liquefied gas, iron or stee

Net Trade

TOP NET EXPORTER (2023)China$996M
TOP NET IMPORTER (2023)United States$195M

This map shows which countries export or import more of Containers for compressed/liquefied gas, iron or stee. Each country is colored based on the difference in exports and imports of Containers for compressed/liquefied gas, iron or stee during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Containers for compressed/liquefied gas, iron or stee were China ($996M), Turkey ($221M), Italy ($171M), Czechia ($150M), and India ($141M).

In 2023, the countries that had a largest trade value in imports than in exports of Containers for compressed/liquefied gas, iron or stee were United States ($195M), Canada ($149M), France ($99.4M), Australia ($84.4M), and Japan ($75.2M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Containers for compressed/liquefied gas, iron or stee.
It is possible to select the main countries that export or import Containers for compressed/liquefied gas, iron or stee in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Containers for compressed/liquefied gas, iron or stee 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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