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721699 (Harmonized System 1996 for 6-digit)

2023
World Trade $468MRnk 2994 / 4766
2023
Top Exporter | Top Importer $125M | $49.5MChina | Canada
2023
Product Complexity -0.93Rnk 3837 / 4780
2022 - 2023
Export Growth (CAGR) -16.8%Rnk 3505 / 4766
2023
Share of World Trade 0.0021%Rnk 2994 / 4766

About

Overview This page contains the latest trade data of Iron/Steel Shapes: Others. In 2023, Iron/Steel Shapes: Others were the world's 2994th most traded product, with a total trade of $468M. Between 2022 and 2023 the exports of Iron/Steel Shapes: Others decreased by -16.8%, from $563M to $468M. Trade in Iron/Steel Shapes: Others represent 0.0021% of total world trade.

Iron/Steel Shapes: Others are a part of Iron or non-alloy steel, angles, shapes and sections.

Exports In 2023 the top exporters of Iron/Steel Shapes: Others  were China ($125M), United Arab Emirates ($47.4M), Belgium ($30.8M), Germany ($26M), and Portugal ($19.8M).

Imports In 2023 the top importers of Iron/Steel Shapes: Others were Canada ($49.5M), France ($48.8M), Singapore ($31.6M), Indonesia ($20.1M), and Australia ($18.7M).

Ranking Iron/Steel Shapes: Others ranks 3837th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron/Steel Shapes: Others. 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$125M
Top Destination (2023)Canada$49.5M

In 2023 Iron/Steel Shapes: Others were the world's 2994th most traded product (out of 4,766).

In 2023, the top exporters of Iron/Steel Shapes: Others were China ($125M), United Arab Emirates ($47.4M), Belgium ($30.8M), Germany ($26M), and Portugal ($19.8M).

In 2023, the top importers of Iron/Steel Shapes: Others were Canada ($49.5M), France ($48.8M), Singapore ($31.6M), Indonesia ($20.1M), and Australia ($18.7M).

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Exporters of Iron/Steel Shapes: Others (2023)
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Importers of Iron/Steel Shapes: Others (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$8.33M
Top Destination Growth (2022 -  2023)Zimbabwe$8.7M

Between 2022 and 2023, the exports of Iron/Steel Shapes: Others grew the fastest in China ($8.33M), Finland ($4.24M), Czechia ($2.16M), Egypt ($1.82M), and United Kingdom ($1.67M).

Between 2022 and 2023, the fastest growing importers of Iron/Steel Shapes: Others were Zimbabwe ($8.7M), Australia ($6.07M), Denmark ($5.01M), Sweden ($3.29M), and Indonesia ($3.02M).

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Exporters of Iron/Steel Shapes: Others (2022 - 2023)

Importers of Iron/Steel Shapes: Others (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Shapes: Others.

In 2023, market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Iron/Steel Shapes: Others are explained by 23 countries.

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Value of Exports in Iron/Steel Shapes: Others

Net Trade

TOP NET EXPORTER (2023)China$124M
TOP NET IMPORTER (2023)France$46.1M

This map shows which countries export or import more of Iron/Steel Shapes: Others. Each country is colored based on the difference in exports and imports of Iron/Steel Shapes: Others during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron/Steel Shapes: Others were China ($124M), United Arab Emirates ($38M), Belgium ($29M), Portugal ($18.8M), and Germany ($16.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron/Steel Shapes: Others were France ($46.1M), Canada ($40.8M), Singapore ($29.2M), Indonesia ($20M), and Australia ($18.5M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Iron/Steel Shapes: Others 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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