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HS Icon Iron Nails

Nails, tacks, drawing pins, corrugated nails, staples (not those of heading no. 8305) and the like, of iron or steel, with heads of other material or not, but excluding articles with heads of copper

7317 (Harmonized System 1992 for 4-digit)

2021
World Trade: $4.05B, Rnk 592 / 1217

2021
Top Exporter | Top Importer: $1.86B | $1.28B, China | United States

2021
Product Complexity: -0.37, Rnk 669 / 1024

2020 - 2021
Export Growth (CAGR): 31.6%, Rnk 301 / 1217

2018
Mean Tariff: 12.1%, Rnk 303 / 1259

2021
Share of World Trade: 0.019%, Rnk 592 / 1217

About

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Overview This page contains the latest trade data of Iron Nails. In 2021, Iron Nails were the world's 592nd most traded product, with a total trade of $4.05B. Between 2020 and 2021 the exports of Iron Nails grew by 31.6%, from $3.08B to $4.05B. Trade in Iron Nails represent 0.019% of total world trade.

Iron Nails are a part of Iron or steel articles. They include Nails/staples/etc, iron/steel, not office stationary.

Exports In 2021 the top exporters of Iron Nails  were China ($1.86B), Oman ($154M), Germany ($146M), Poland ($128M), and Chinese Taipei ($118M).

Imports In 2021 the top importers of Iron Nails were United States ($1.28B), Canada ($163M), Germany ($155M), United Kingdom ($130M), and Japan ($129M).

Tariffs In 2018 the average tariff for Iron Nails was 12.1%, making it the 303rd lowest tariff using the HS4 product classification.

Ranking Iron Nails ranks 669th in the Product Complexity Index (PCI).

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Latest Data

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View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Iron Nails. 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.

Explore Latest Trends

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $1.86B

Top Destination (2021): United States, $1.28B

Iron Nails are the world's 592nd most traded product.

In 2021, the top exporters of Iron Nails were China ($1.86B), Oman ($154M), Germany ($146M), Poland ($128M), and Chinese Taipei ($118M).

In 2021, the top importers of Iron Nails were United States ($1.28B), Canada ($163M), Germany ($155M), United Kingdom ($130M), and Japan ($129M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $356M

Top Destination Growth (2020 -  2021): United States, $412M

Between 2020 and 2021, the exports of Iron Nails grew the fastest in China ($356M), Oman ($48.7M), Lithuania ($35.9M), Turkey ($35.5M), and Poland ($34M).

Between 2020 and 2021, the fastest growing importers of Iron Nails were United States ($412M), Canada ($47.2M), United Kingdom ($43.5M), Germany ($42.7M), and France ($41.2M).

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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 Nails.

In 2021, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Iron Nails are explained by 14 countries.

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Net Trade

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TOP NET EXPORTER (2021): China, $1.84B

TOP NET IMPORTER (2021): United States, $1.22B

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

In 2021, the countries that had a largest trade value in exports than in imports of Iron Nails were China ($1.84B), Oman ($146M), Chinese Taipei ($109M), Turkey ($93.8M), and Switzerland ($91.7M).

In 2021, the countries that had a largest trade value in imports than in exports of Iron Nails were United States ($1.22B), United Kingdom ($114M), Japan ($112M), Canada ($82M), and France ($80.2M).

Disaggregation

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Value

In 2021, the world most traded Iron Nails, disaggragated by their HS6 level were Nails/staples/etc, iron/steel, not office stationary ($4.05B)

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 Nails.
It is possible to select the main countries that export or import Iron Nails 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.

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This visualization shows products that are likely to be exported by countries that export Iron Nails.

Country by Relatedness

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

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