HS Icon Iron Gas Containers

Containers for compressed or liquefied gas, of iron or steel

7311 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Iron Gas Containers. In 2021, Iron Gas Containers were the world's 570th most traded product, with a total trade of $4.41B. Between 2020 and 2021 the exports of Iron Gas Containers grew by 23.4%, from $3.57B to $4.41B. Trade in Iron Gas Containers represent 0.00021% of total world trade.

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

Exports In 2021 the top exporters of Iron Gas Containers  were China ($1.15B), United States ($373M), Italy ($256M), Czechia ($255M), and Turkey ($242M).

Imports In 2021 the top importers of Iron Gas Containers were United States ($493M), Germany ($299M), Canada ($167M), South Korea ($160M), and Netherlands ($146M).

Tariffs In 2018 the average tariff for Iron Gas Containers was 8.04%, making it the 535th lowest tariff using the HS4 product classification.

Ranking Iron Gas Containers ranks 533rd in the Product Complexity Index (PCI).

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Y-AXIS SCALE

The following visualization shows the latest trends on Iron Gas Containers. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $1.15B

Top Destination (2021): United States, $493M

Iron Gas Containers are the world's 570th most traded product.

In 2021, the top exporters of Iron Gas Containers were China ($1.15B), United States ($373M), Italy ($256M), Czechia ($255M), and Turkey ($242M).

In 2021, the top importers of Iron Gas Containers were United States ($493M), Germany ($299M), Canada ($167M), South Korea ($160M), and Netherlands ($146M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $409M

Top Destination Growth (2020 -  2021): United States, $145M

Between 2020 and 2021, the exports of Iron Gas Containers grew the fastest in China ($409M), Turkey ($58.1M), Mexico ($46.4M), Czechia ($39.9M), and India ($37.7M).

Between 2020 and 2021, the fastest growing importers of Iron Gas Containers were United States ($145M), South Korea ($77.6M), Germany ($69.5M), India ($46.8M), and Egypt ($42.3M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Iron Gas Containers.

In 2021, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Iron Gas Containers are explained by 21 countries.

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TOP NET EXPORTER (2021): China, $1.07B

TOP NET IMPORTER (2021): Canada, $143M

This map shows which countries export or import more of Iron Gas Containers. Each country is colored based on the difference in exports and imports of Iron Gas Containers during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Iron Gas Containers were China ($1.07B), Czechia ($214M), Turkey ($201M), Thailand ($176M), and Italy ($160M).

In 2021, the countries that had a largest trade value in imports than in exports of Iron Gas Containers were Canada ($143M), United States ($120M), Netherlands ($110M), Germany ($98M), and Japan ($81.8M).

Disaggregation

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Value

In 2021, the world most traded Iron Gas Containers, disaggragated by their HS6 level were Containers for compressed/liquefied gas, iron or... ($4.41B)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron Gas Containers.
It is possible to select the main countries that export or import Iron Gas Containers in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Iron Gas Containers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.