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722220 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.1BRnk 876 / 4644
2023
Top Exporter | Top Importer $980M | $680MItaly | Germany
2023
Product Complexity 1.22Rnk 444 / 4656
2022 - 2023
Export Growth (CAGR) -8.2%Rnk 2491 / 4644
2023
Share of World Trade 0.018%Rnk 876 / 4644

About

Overview This page contains the latest trade data of Stainless steel bar nfw than cold formed/cold finishe. In 2023, Stainless steel bar nfw than cold formed/cold finishe were the world's 876th most traded product, with a total trade of $4.1B. Between 2022 and 2023 the exports of Stainless steel bar nfw than cold formed/cold finishe decreased by -8.2%, from $4.46B to $4.1B. Trade in Stainless steel bar nfw than cold formed/cold finishe represent 0.018% of total world trade.

Stainless steel bar nfw than cold formed/cold finishe are a part of Other Stainless Steel Bars.

Exports In 2023 the top exporters of Stainless steel bar nfw than cold formed/cold finishe  were Italy ($980M), India ($607M), Germany ($458M), Spain ($280M), and United States ($269M).

Imports In 2023 the top importers of Stainless steel bar nfw than cold formed/cold finishe were Germany ($680M), United States ($581M), United Kingdom ($218M), China ($192M), and Italy ($175M).

Ranking Stainless steel bar nfw than cold formed/cold finishe ranks 444th in the Product Complexity Index (PCI).

Description The most common use of stainless steel bars is in the manufacture of kitchen appliances. Approximately 80% of the stainless steel bars produced are used in the manufacture of kitchen appliances. This is due to the fact that stainless steel is durable and easy to clean.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Stainless steel bar nfw than cold formed/cold finishe. 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)Italy$980M
Top Destination (2023)Germany$680M

In 2023 Stainless steel bar nfw than cold formed/cold finishe were the world's 876th most traded product (out of 4,644).

In 2023, the top exporters of Stainless steel bar nfw than cold formed/cold finishe were Italy ($980M), India ($607M), Germany ($458M), Spain ($280M), and United States ($269M).

In 2023, the top importers of Stainless steel bar nfw than cold formed/cold finishe were Germany ($680M), United States ($581M), United Kingdom ($218M), China ($192M), and Italy ($175M).

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Exporters of Stainless steel bar nfw than cold formed/cold finishe (2023)
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Importers of Stainless steel bar nfw than cold formed/cold finishe (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$38.2M
Top Destination Growth (2022 -  2023)South Korea$33.7M

Between 2022 and 2023, the exports of Stainless steel bar nfw than cold formed/cold finishe grew the fastest in United States ($38.2M), Germany ($26.6M), Austria ($15M), Singapore ($3.35M), and Saudi Arabia ($2.24M).

Between 2022 and 2023, the fastest growing importers of Stainless steel bar nfw than cold formed/cold finishe were South Korea ($33.7M), United States ($20.5M), United Kingdom ($19.1M), Russia ($10.8M), and Canada ($7.04M).

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Exporters of Stainless steel bar nfw than cold formed/cold finishe (2022 - 2023)

Importers of Stainless steel bar nfw than cold formed/cold finishe (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless steel bar nfw than cold formed/cold finishe.

In 2023, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Stainless steel bar nfw than cold formed/cold finishe are explained by 13 countries.

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Value of Exports in Stainless steel bar nfw than cold formed/cold finishe

Net Trade

TOP NET EXPORTER (2023)Italy$804M
TOP NET IMPORTER (2023)United States$312M

This map shows which countries export or import more of Stainless steel bar nfw than cold formed/cold finishe. Each country is colored based on the difference in exports and imports of Stainless steel bar nfw than cold formed/cold finishe during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Stainless steel bar nfw than cold formed/cold finishe were Italy ($804M), India ($569M), Chinese Taipei ($214M), Spain ($204M), and Japan ($143M).

In 2023, the countries that had a largest trade value in imports than in exports of Stainless steel bar nfw than cold formed/cold finishe were United States ($312M), Germany ($222M), United Kingdom ($159M), Turkey ($159M), and Poland ($102M).

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 Stainless steel bar nfw than cold formed/cold finishe.
It is possible to select the main countries that export or import Stainless steel bar nfw than cold formed/cold finishe in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless steel bar nfw than cold formed/cold finishe 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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