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721720 (Harmonized System 1996 for 6-digit)

2023
World Trade $2.36BRnk 1313 / 4766
2023
Top Exporter | Top Importer $800M | $227MChina | United States
2023
Product Complexity -0.78Rnk 3689 / 4780
2022 - 2023
Export Growth (CAGR) -23.2%Rnk 4010 / 4766
2023
Share of World Trade 0.01%Rnk 1313 / 4766

About

Overview This page contains the latest trade data of Iron/Steel Wires: Zinc Coated. In 2023, Iron/Steel Wires: Zinc Coated were the world's 1313th most traded product, with a total trade of $2.36B. Between 2022 and 2023 the exports of Iron/Steel Wires: Zinc Coated decreased by -23.2%, from $3.07B to $2.36B. Trade in Iron/Steel Wires: Zinc Coated represent 0.01% of total world trade.

Iron/Steel Wires: Zinc Coated are a part of Wire of iron or non-alloy steel.

Exports In 2023 the top exporters of Iron/Steel Wires: Zinc Coated  were China ($800M), Slovakia ($161M), Turkey ($146M), Canada ($100M), and Czechia ($91.4M).

Imports In 2023 the top importers of Iron/Steel Wires: Zinc Coated were United States ($227M), Poland ($141M), Germany ($107M), United Kingdom ($85.9M), and South Korea ($85.1M).

Ranking Iron/Steel Wires: Zinc Coated ranks 3689th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron/Steel Wires: Zinc Coated. 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$800M
Top Destination (2023)United States$227M

In 2023 Iron/Steel Wires: Zinc Coated were the world's 1313th most traded product (out of 4,766).

In 2023, the top exporters of Iron/Steel Wires: Zinc Coated were China ($800M), Slovakia ($161M), Turkey ($146M), Canada ($100M), and Czechia ($91.4M).

In 2023, the top importers of Iron/Steel Wires: Zinc Coated were United States ($227M), Poland ($141M), Germany ($107M), United Kingdom ($85.9M), and South Korea ($85.1M).

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Exporters of Iron/Steel Wires: Zinc Coated (2023)
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Importers of Iron/Steel Wires: Zinc Coated (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Tanzania$13.8M
Top Destination Growth (2022 -  2023)Vietnam$36.8M

Between 2022 and 2023, the exports of Iron/Steel Wires: Zinc Coated grew the fastest in Tanzania ($13.8M), India ($6.82M), Australia ($2.94M), Ukraine ($2.29M), and Hong Kong ($1.66M).

Between 2022 and 2023, the fastest growing importers of Iron/Steel Wires: Zinc Coated were Vietnam ($36.8M), Poland ($21.3M), Philippines ($10.4M), Romania ($7.97M), and India ($7.45M).

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Exporters of Iron/Steel Wires: Zinc Coated (2022 - 2023)

Importers of Iron/Steel Wires: Zinc Coated (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Wires: Zinc Coated.

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Iron/Steel Wires: Zinc Coated are explained by 18 countries.

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Value of Exports in Iron/Steel Wires: Zinc Coated

Net Trade

TOP NET EXPORTER (2023)China$794M
TOP NET IMPORTER (2023)United States$202M

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

In 2023, the countries that had a largest trade value in exports than in imports of Iron/Steel Wires: Zinc Coated were China ($794M), Slovakia ($145M), Turkey ($140M), Czechia ($63.5M), and Luxembourg ($54.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron/Steel Wires: Zinc Coated were United States ($202M), Poland ($99.1M), United Kingdom ($83.6M), Vietnam ($62.1M), and South Korea ($56.7M).

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 Wires: Zinc Coated.
It is possible to select the main countries that export or import Iron/Steel Wires: Zinc Coated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Wires: Zinc Coated 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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