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731290 (Harmonized System 1992 for 6-digit)

2023
World Trade $479MRnk 2902 / 4644
2023
Top Exporter | Top Importer $112M | $37.7MChina | United States
2023
Product Complexity -0.26Rnk 2918 / 4656
2022 - 2023
Export Growth (CAGR) -11%Rnk 2812 / 4644
2023
Share of World Trade 0.0021%Rnk 2902 / 4644

About

Overview This page contains the latest trade data of Plaited bands/etc, iron/steel, no electric insulation. In 2023, Plaited bands/etc, iron/steel, no electric insulation were the world's 2902nd most traded product, with a total trade of $479M. Between 2022 and 2023 the exports of Plaited bands/etc, iron/steel, no electric insulation decreased by -11%, from $538M to $479M. Trade in Plaited bands/etc, iron/steel, no electric insulation represent 0.0021% of total world trade.

Plaited bands/etc, iron/steel, no electric insulation are a part of Stranded Iron Wire.

Exports In 2023 the top exporters of Plaited bands/etc, iron/steel, no electric insulation  were China ($112M), United States ($39.6M), Thailand ($33.9M), Germany ($25.1M), and France ($22.5M).

Imports In 2023 the top importers of Plaited bands/etc, iron/steel, no electric insulation were United States ($37.7M), India ($21.5M), Indonesia ($20.7M), Saudi Arabia ($18.5M), and China ($16.1M).

Ranking Plaited bands/etc, iron/steel, no electric insulation ranks 2918th in the Product Complexity Index (PCI).

Description Plaited bands can be used to create a variety of designs, and can be used to decorate the edges of clothes, furniture, and other items. They are made from a variety of materials, including leather, can be used for decoration, and can be used as a closure for bags or other items. Iron and steel are used to create a variety of tools and items, and can be used to replace missing teeth. Iron and steel are strong and durable, and can be used to create a variety of objects. Iron and steel are not insulated and can be hazardous to the skin

Latest Trends

Latest Data

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The following visualization shows the latest trends on Plaited bands/etc, iron/steel, no electric insulation. 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$112M
Top Destination (2023)United States$37.7M

In 2023 Plaited bands/etc, iron/steel, no electric insulation were the world's 2902nd most traded product (out of 4,644).

In 2023, the top exporters of Plaited bands/etc, iron/steel, no electric insulation were China ($112M), United States ($39.6M), Thailand ($33.9M), Germany ($25.1M), and France ($22.5M).

In 2023, the top importers of Plaited bands/etc, iron/steel, no electric insulation were United States ($37.7M), India ($21.5M), Indonesia ($20.7M), Saudi Arabia ($18.5M), and China ($16.1M).

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Exporters of Plaited bands/etc, iron/steel, no electric insulation (2023)
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Importers of Plaited bands/etc, iron/steel, no electric insulation (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$11.3M
Top Destination Growth (2022 -  2023)Indonesia$14.1M

Between 2022 and 2023, the exports of Plaited bands/etc, iron/steel, no electric insulation grew the fastest in France ($11.3M), United States ($8.54M), Poland ($2.04M), United Kingdom ($1.99M), and India ($1.96M).

Between 2022 and 2023, the fastest growing importers of Plaited bands/etc, iron/steel, no electric insulation were Indonesia ($14.1M), Costa Rica ($7.02M), Uzbekistan ($4.23M), Brazil ($3.92M), and Saudi Arabia ($3.25M).

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Exporters of Plaited bands/etc, iron/steel, no electric insulation (2022 - 2023)

Importers of Plaited bands/etc, iron/steel, no electric insulation (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Plaited bands/etc, iron/steel, no electric insulation.

In 2023, market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Plaited bands/etc, iron/steel, no electric insulation are explained by 24 countries.

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Value of Exports in Plaited bands/etc, iron/steel, no electric insulation

Net Trade

TOP NET EXPORTER (2023)China$96.3M
TOP NET IMPORTER (2023)Saudi Arabia$15.1M

This map shows which countries export or import more of Plaited bands/etc, iron/steel, no electric insulation. Each country is colored based on the difference in exports and imports of Plaited bands/etc, iron/steel, no electric insulation during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Plaited bands/etc, iron/steel, no electric insulation were China ($96.3M), Thailand ($18.7M), Germany ($12.5M), South Korea ($10.9M), and Malaysia ($9.65M).

In 2023, the countries that had a largest trade value in imports than in exports of Plaited bands/etc, iron/steel, no electric insulation were Saudi Arabia ($15.1M), Canada ($12.5M), Costa Rica ($9.76M), Brazil ($9.6M), and Uzbekistan ($8.66M).

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 Plaited bands/etc, iron/steel, no electric insulation.
It is possible to select the main countries that export or import Plaited bands/etc, iron/steel, no electric insulation in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Plaited bands/etc, iron/steel, no electric insulation 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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