722410 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Ingots, primary forms of alloy steel, except stainles. In 2022, Ingots, primary forms of alloy steel, except stainles were the world's 2549th most traded product, with a total trade of $719M. Between 2021 and 2022 the exports of Ingots, primary forms of alloy steel, except stainles decreased by -24.1%, from $946M to $719M. Trade in Ingots, primary forms of alloy steel, except stainles represent 0.003% of total world trade.

Ingots, primary forms of alloy steel, except stainles are a part of Steel Ingots.

Exports In 2022 the top exporters of Ingots, primary forms of alloy steel, except stainles  were Austria ($176M), China ($147M), France ($129M), Italy ($71.9M), and United States ($59.7M).

Imports In 2022 the top importers of Ingots, primary forms of alloy steel, except stainles were Japan ($142M), Italy ($114M), Sweden ($104M), Germany ($102M), and China ($29.3M).

Ranking Ingots, primary forms of alloy steel, except stainles ranks 1571st in the Product Complexity Index (PCI).

Description Ingots are the primary form of alloy steel. It is a solid, usually cubical, metal block from which other forms of metal are cast, rolled, drawn, or stamped. One of the most common uses of ingots is for the production of steel. Primary forms of alloy steel are steel that is made out of a combination of iron and other elements. Steel is a hard, heavy, malleable, ductile, and magnetic metal that is primarily used in construction. Steel is the most widely used metal in the world and it is the fourth most common element in the

Latest Data

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The following visualization shows the latest trends on Ingots, primary forms of alloy steel, except stainles. 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)Austria$176M
Top Destination (2022)Japan$142M

In 2022 Ingots, primary forms of alloy steel, except stainles were the world's 2549th most traded product (out of 4,648).

In 2022, the top exporters of Ingots, primary forms of alloy steel, except stainles were Austria ($176M), China ($147M), France ($129M), Italy ($71.9M), and United States ($59.7M).

In 2022, the top importers of Ingots, primary forms of alloy steel, except stainles were Japan ($142M), Italy ($114M), Sweden ($104M), Germany ($102M), and China ($29.3M).

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Exporters of Ingots, primary forms of alloy steel, except stainles (2022)
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Importers of Ingots, primary forms of alloy steel, except stainles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$104M
Top Destination Growth (2021 -  2022)Japan$97.7M

Between 2021 and 2022, the exports of Ingots, primary forms of alloy steel, except stainles grew the fastest in China ($104M), Austria ($32.7M), Italy ($14.4M), United States ($8M), and Vietnam ($6.28M).

Between 2021 and 2022, the fastest growing importers of Ingots, primary forms of alloy steel, except stainles were Japan ($97.7M), Italy ($25.3M), Vietnam ($12.3M), Austria ($11.7M), and Chinese Taipei ($6.02M).

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Exporters of Ingots, primary forms of alloy steel, except stainles (2021 - 2022)

Importers of Ingots, primary forms of alloy steel, except stainles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ingots, primary forms of alloy steel, except stainles.

In 2022, market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Ingots, primary forms of alloy steel, except stainles are explained by 8 countries.

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Value of Exports in Ingots, primary forms of alloy steel, except stainles

Net Trade

TOP NET EXPORTER (2022)Austria$149M
TOP NET IMPORTER (2022)Japan$137M

This map shows which countries export or import more of Ingots, primary forms of alloy steel, except stainles. Each country is colored based on the difference in exports and imports of Ingots, primary forms of alloy steel, except stainles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ingots, primary forms of alloy steel, except stainles were Austria ($149M), China ($118M), France ($115M), United States ($46.8M), and Poland ($5.86M).

In 2022, the countries that had a largest trade value in imports than in exports of Ingots, primary forms of alloy steel, except stainles were Japan ($137M), Sweden ($96.3M), Germany ($50M), Italy ($42M), and Spain ($19.6M).

Net Trade (2022)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Ingots, primary forms of alloy steel, except stainles.
It is possible to select the main countries that export or import Ingots, primary forms of alloy steel, except stainles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ingots, primary forms of alloy steel, except stainles 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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