Other Stainless Steel BarsStainless steel bars and rods, angles, shapes and sections
7222 (Harmonized System 1992 for 4-digit)
2021 World Trade: $7.2B, Rnk 442 / 1217
2021 Top Exporter | Top Importer: $1.27B | $1.16B, Italy | Germany
2021 Product Complexity: 1.39, Rnk 71 / 1024
2020 - 2021 Export Growth (CAGR): 37%, Rnk 223 / 1217
2018 Mean Tariff: 4.89%, Rnk 847 / 1259
2021 Share of World Trade: 0.034%, Rnk 442 / 1217
Overview This page contains the latest trade data of Other Stainless Steel Bars. In 2021, Other Stainless Steel Bars were the world's 442nd most traded product, with a total trade of $7.2B. Between 2020 and 2021 the exports of Other Stainless Steel Bars grew by 37%, from $5.25B to $7.2B. Trade in Other Stainless Steel Bars represent 0.034% of total world trade.
Other Stainless Steel Bars are a part of Iron & steel. They include Stainless steel bar nfw than cold formed/cold finishe, Stainless steel bar nfw than hot rolled/drawn/extrude, Stainless steel bar or rod nes, and Angles, shapes and sections, stainless steel.
Exports In 2021 the top exporters of Other Stainless Steel Bars were Italy ($1.27B), India ($1.07B), Germany ($816M), Spain ($459M), and France ($437M).
Imports In 2021 the top importers of Other Stainless Steel Bars were Germany ($1.16B), United States ($594M), Italy ($403M), China ($377M), and France ($260M).
Tariffs In 2018 the average tariff for Other Stainless Steel Bars was 4.89%, making it the 847th lowest tariff using the HS4 product classification.
Ranking Other Stainless Steel Bars ranks 71st in the Product Complexity Index (PCI).
Description Other bars and rods of stainless steel are used in the production of other goods. They can be made from a variety of materials, including aluminum, copper, nickel, and titanium.
The following visualization shows the latest trends on Other Stainless Steel Bars. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Other Stainless Steel Bars are the world's 442nd most traded product.
In 2021, the top exporters of Other Stainless Steel Bars were Italy ($1.27B), India ($1.07B), Germany ($816M), Spain ($459M), and France ($437M).
In 2021, the top importers of Other Stainless Steel Bars were Germany ($1.16B), United States ($594M), Italy ($403M), China ($377M), and France ($260M).
Trade by country
Between 2020 and 2021, the exports of Other Stainless Steel Bars grew the fastest in Italy ($393M), India ($370M), China ($214M), France ($139M), and Spain ($122M).
Between 2020 and 2021, the fastest growing importers of Other Stainless Steel Bars were Germany ($393M), United States ($161M), Italy ($130M), Poland ($87.6M), and China ($76M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Stainless Steel Bars.
In 2021, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Other Stainless Steel Bars are explained by 17 countries.
This map shows which countries export or import more of Other Stainless Steel Bars. Each country is colored based on the difference in exports and imports of Other Stainless Steel Bars during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Other Stainless Steel Bars were India ($987M), Italy ($865M), Spain ($298M), Japan ($258M), and Chinese Taipei ($205M).
In 2021, the countries that had a largest trade value in imports than in exports of Other Stainless Steel Bars were Germany ($341M), United States ($285M), Thailand ($181M), Turkey ($173M), and Poland ($155M).
In 2021, the world most traded Other Stainless Steel Bars, disaggragated by their HS6 level were Stainless steel bar nfw than cold... ($3.91B), Stainless steel bar nfw than hot... ($1.6B), Angles, shapes and sections, stainless steel ($881M), and Stainless steel bar or rod nes ($803M)
This visualization shows the countries that have an important ratio of their trade related to Other Stainless Steel Bars. It is possible to select the main countries that export or import Other Stainless Steel Bars in the world, or by continent, as well as select the measure of interest.
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.
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