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731430 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.71BRnk 1638 / 4648
2022
Top Exporter | Top Importer $583M | $271MChina | United States
2022
Product Complexity -0.13Rnk 2711 / 4653
2021 - 2022
Export Growth (CAGR) -3.37%Rnk 3405 / 4648
2022
Share of World Trade 0.0072%Rnk 1638 / 4648

About

Overview This page contains the latest trade data of Net/fencing, welded iron or non-alloy steel, heavy. In 2022, Net/fencing, welded iron or non-alloy steel, heavy were the world's 1638th most traded product, with a total trade of $1.71B. Between 2021 and 2022 the exports of Net/fencing, welded iron or non-alloy steel, heavy decreased by -3.37%, from $1.77B to $1.71B. Trade in Net/fencing, welded iron or non-alloy steel, heavy represent 0.0072% of total world trade.

Net/fencing, welded iron or non-alloy steel, heavy are a part of Iron Cloth.

Exports In 2022 the top exporters of Net/fencing, welded iron or non-alloy steel, heavy  were China ($583M), Belgium ($177M), Italy ($145M), Germany ($80.2M), and Poland ($72.1M).

Imports In 2022 the top importers of Net/fencing, welded iron or non-alloy steel, heavy were United States ($271M), Germany ($158M), France ($139M), Austria ($62.8M), and Netherlands ($60.6M).

Ranking Net/fencing, welded iron or non-alloy steel, heavy ranks 2711th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Net/fencing, welded iron or non-alloy steel, heavy. 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$583M
Top Destination (2022)United States$271M

In 2022 Net/fencing, welded iron or non-alloy steel, heavy were the world's 1638th most traded product (out of 4,648).

In 2022, the top exporters of Net/fencing, welded iron or non-alloy steel, heavy were China ($583M), Belgium ($177M), Italy ($145M), Germany ($80.2M), and Poland ($72.1M).

In 2022, the top importers of Net/fencing, welded iron or non-alloy steel, heavy were United States ($271M), Germany ($158M), France ($139M), Austria ($62.8M), and Netherlands ($60.6M).

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Exporters of Net/fencing, welded iron or non-alloy steel, heavy (2022)
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Importers of Net/fencing, welded iron or non-alloy steel, heavy (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$18.1M
Top Destination Growth (2021 -  2022)Vietnam$19.6M

Between 2021 and 2022, the exports of Net/fencing, welded iron or non-alloy steel, heavy grew the fastest in Italy ($18.1M), Turkey ($13.1M), Netherlands ($8.62M), Malaysia ($3.82M), and Finland ($3.58M).

Between 2021 and 2022, the fastest growing importers of Net/fencing, welded iron or non-alloy steel, heavy were Vietnam ($19.6M), India ($11.9M), Saudi Arabia ($11M), Austria ($10.2M), and Canada ($9.22M).

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Exporters of Net/fencing, welded iron or non-alloy steel, heavy (2021 - 2022)

Importers of Net/fencing, welded iron or non-alloy steel, heavy (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Net/fencing, welded iron or non-alloy steel, heavy.

In 2022, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Net/fencing, welded iron or non-alloy steel, heavy are explained by 15 countries.

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Value of Exports in Net/fencing, welded iron or non-alloy steel, heavy

Net Trade

This map shows which countries export or import more of Net/fencing, welded iron or non-alloy steel, heavy. Each country is colored based on the difference in exports and imports of Net/fencing, welded iron or non-alloy steel, heavy during 2022.

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Net/fencing, welded iron or non-alloy steel, heavy.
It is possible to select the main countries that export or import Net/fencing, welded iron or non-alloy steel, heavy in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Net/fencing, welded iron or non-alloy steel, heavy 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 (2022)

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