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731430 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.22BRnk 1887 / 4644
2023
Top Exporter | Top Importer $357M | $221MChina | United States
2023
Product Complexity -0.25Rnk 2912 / 4656
2022 - 2023
Export Growth (CAGR) -14.7%Rnk 3200 / 4644
2023
Share of World Trade 0.0054%Rnk 1887 / 4644

About

Overview This page contains the latest trade data of Net/fencing, welded iron or non-alloy steel, heavy. In 2023, Net/fencing, welded iron or non-alloy steel, heavy were the world's 1887th most traded product, with a total trade of $1.22B. Between 2022 and 2023 the exports of Net/fencing, welded iron or non-alloy steel, heavy decreased by -14.7%, from $1.43B to $1.22B. Trade in Net/fencing, welded iron or non-alloy steel, heavy represent 0.0054% of total world trade.

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

Exports In 2023 the top exporters of Net/fencing, welded iron or non-alloy steel, heavy  were China ($357M), Italy ($112M), Belgium ($84.1M), Germany ($75.7M), and Canada ($64.3M).

Imports In 2023 the top importers of Net/fencing, welded iron or non-alloy steel, heavy were United States ($221M), France ($87.6M), Germany ($58.4M), Italy ($52M), and United Kingdom ($48.4M).

Ranking Net/fencing, welded iron or non-alloy steel, heavy ranks 2912th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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 (2023)China$357M
Top Destination (2023)United States$221M

In 2023 Net/fencing, welded iron or non-alloy steel, heavy were the world's 1887th most traded product (out of 4,644).

In 2023, the top exporters of Net/fencing, welded iron or non-alloy steel, heavy were China ($357M), Italy ($112M), Belgium ($84.1M), Germany ($75.7M), and Canada ($64.3M).

In 2023, the top importers of Net/fencing, welded iron or non-alloy steel, heavy were United States ($221M), France ($87.6M), Germany ($58.4M), Italy ($52M), and United Kingdom ($48.4M).

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Exporters of Net/fencing, welded iron or non-alloy steel, heavy (2023)
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Importers of Net/fencing, welded iron or non-alloy steel, heavy (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Croatia$14.7M
Top Destination Growth (2022 -  2023)Thailand$16.8M

Between 2022 and 2023, the exports of Net/fencing, welded iron or non-alloy steel, heavy grew the fastest in Croatia ($14.7M), United States ($3.68M), United Arab Emirates ($2.25M), Australia ($2.24M), and Canada ($1.91M).

Between 2022 and 2023, the fastest growing importers of Net/fencing, welded iron or non-alloy steel, heavy were Thailand ($16.8M), Mexico ($13.2M), Vietnam ($11.5M), Philippines ($8.72M), and Netherlands ($6.53M).

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Exporters of Net/fencing, welded iron or non-alloy steel, heavy (2022 - 2023)

Importers of Net/fencing, welded iron or non-alloy steel, heavy (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Net/fencing, welded iron or non-alloy steel, heavy are explained by 18 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$354M
TOP NET IMPORTER (2023)United States$193M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Net/fencing, welded iron or non-alloy steel, heavy were China ($354M), Italy ($59.6M), Belgium ($58.9M), Turkey ($48.6M), and Poland ($48.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Net/fencing, welded iron or non-alloy steel, heavy were United States ($193M), France ($68.5M), Austria ($38.2M), Thailand ($29.7M), and Netherlands ($27.8M).

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 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 (2023)

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