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Sanitary ware and parts thereof, of iron or steel

7324 (Harmonized System 1992 for 4-digit)

2022
World Trade $4.55BRnk 583 / 1218
2022
Top Exporter | Top Importer $2.56B | $866MChina | United States
2022
Product Complexity 0.55Rnk 352 / 1033
2021 - 2022
Export Growth (CAGR) 2.62%Rnk 728 / 1218
2022
Share of World Trade 0.019%Rnk 583 / 1218

About

Overview This page contains the latest trade data of Iron Toiletry. In 2022, Iron Toiletry were the world's 583rd most traded product, with a total trade of $4.55B. Between 2021 and 2022 the exports of Iron Toiletry grew by 2.62%, from $4.44B to $4.55B. Trade in Iron Toiletry represent 0.019% of total world trade.

Iron Toiletry are a part of Iron/Steel Articles. They include Sanitary ware and parts thereof, iron or steel, nes, Sinks and wash basins, stainless steel, Baths, iron or steel, except cast iron, and Baths, cast iron.

Exports In 2022 the top exporters of Iron Toiletry  were China ($2.56B), Germany ($342M), United States ($159M), Italy ($141M), and Vietnam ($131M).

Imports In 2022 the top importers of Iron Toiletry were United States ($866M), Germany ($240M), Vietnam ($172M), Canada ($165M), and United Kingdom ($158M).

Ranking Iron Toiletry ranks 352nd in the Product Complexity Index (PCI).

Description Sanitary ware is a wide variety of products, including sinks, toilets, and bathtubs. These products are made from a variety of materials, including iron or steel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron Toiletry. 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$2.56B
Top Destination (2022)United States$866M

In 2022 Iron Toiletry were the world's 583rd most traded product (out of 1,218).

In 2022, the top exporters of Iron Toiletry were China ($2.56B), Germany ($342M), United States ($159M), Italy ($141M), and Vietnam ($131M).

In 2022, the top importers of Iron Toiletry were United States ($866M), Germany ($240M), Vietnam ($172M), Canada ($165M), and United Kingdom ($158M).

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Exporters of Iron Toiletry (2022)
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Importers of Iron Toiletry (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$163M
Top Destination Growth (2021 -  2022)United States$65.6M

Between 2021 and 2022, the exports of Iron Toiletry grew the fastest in China ($163M), United States ($64.5M), Vietnam ($32M), United Arab Emirates ($14.8M), and Canada ($5.31M).

Between 2021 and 2022, the fastest growing importers of Iron Toiletry were United States ($65.6M), Mexico ($54M), Malaysia ($27.3M), Singapore ($26.5M), and Vietnam ($25.7M).

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Exporters of Iron Toiletry (2021 - 2022)

Importers of Iron Toiletry (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Toiletry.

In 2022, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Iron Toiletry are explained by 8 countries.

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Value of Exports in Iron Toiletry

Net Trade

TOP NET EXPORTER (2022)China$2.53B
TOP NET IMPORTER (2022)United States$707M

This map shows which countries export or import more of Iron Toiletry. Each country is colored based on the difference in exports and imports of Iron Toiletry during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron Toiletry were China ($2.53B), Germany ($102M), Chinese Taipei ($85.4M), Turkey ($74.2M), and Italy ($71.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron Toiletry were United States ($707M), Canada ($134M), United Kingdom ($123M), France ($106M), and Australia ($106M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Iron Toiletry, disaggragated by their HS6 level were Sanitary ware and parts thereof, iron... ($2.28B), Sinks and wash basins, stainless steel ($2.03B), Baths, iron or steel, except cast... ($184M), and Baths, cast iron ($51.5M)

HS6 Disaggregation for Iron Toiletry (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Iron Toiletry by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $28.8M
TOP IMPORT POTENTIALUnited States+ $1.29M

Iron Toiletry’s highest export potential is India. With an export gap of $28.8M.  Iron Toiletry’s highest import potential is United States with an import gap of $1.29M.

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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)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2022)

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