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722210 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.95BRnk 1453 / 4644
2023
Top Exporter | Top Importer $250M | $332MGermany | Germany
2023
Product Complexity 0.98Rnk 809 / 4656
2022 - 2023
Export Growth (CAGR) -11.1%Rnk 2839 / 4644
2023
Share of World Trade 0.0086%Rnk 1453 / 4644

About

Overview This page contains the latest trade data of Stainless steel bar nfw than hot rolled/drawn/extrude. In 2023, Stainless steel bar nfw than hot rolled/drawn/extrude were the world's 1453rd most traded product, with a total trade of $1.95B. Between 2022 and 2023 the exports of Stainless steel bar nfw than hot rolled/drawn/extrude decreased by -11.1%, from $2.19B to $1.95B. Trade in Stainless steel bar nfw than hot rolled/drawn/extrude represent 0.0086% of total world trade.

Stainless steel bar nfw than hot rolled/drawn/extrude are a part of Other Stainless Steel Bars.

Exports In 2023 the top exporters of Stainless steel bar nfw than hot rolled/drawn/extrude  were Germany ($250M), India ($245M), Italy ($239M), Spain ($155M), and China ($141M).

Imports In 2023 the top importers of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($332M), Italy ($196M), United States ($159M), Canada ($105M), and China ($82.4M).

Ranking Stainless steel bar nfw than hot rolled/drawn/extrude ranks 809th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Stainless steel bar nfw than hot rolled/drawn/extrude. 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)Germany$250M
Top Destination (2023)Germany$332M

In 2023 Stainless steel bar nfw than hot rolled/drawn/extrude were the world's 1453rd most traded product (out of 4,644).

In 2023, the top exporters of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($250M), India ($245M), Italy ($239M), Spain ($155M), and China ($141M).

In 2023, the top importers of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($332M), Italy ($196M), United States ($159M), Canada ($105M), and China ($82.4M).

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Exporters of Stainless steel bar nfw than hot rolled/drawn/extrude (2023)
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Importers of Stainless steel bar nfw than hot rolled/drawn/extrude (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$22.3M
Top Destination Growth (2022 -  2023)Canada$26.7M

Between 2022 and 2023, the exports of Stainless steel bar nfw than hot rolled/drawn/extrude grew the fastest in United States ($22.3M), China ($21.3M), France ($11.1M), Spain ($9.31M), and Austria ($5.87M).

Between 2022 and 2023, the fastest growing importers of Stainless steel bar nfw than hot rolled/drawn/extrude were Canada ($26.7M), Mexico ($15.7M), Brazil ($14.8M), Russia ($11.3M), and Poland ($4.77M).

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Exporters of Stainless steel bar nfw than hot rolled/drawn/extrude (2022 - 2023)

Importers of Stainless steel bar nfw than hot rolled/drawn/extrude (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless steel bar nfw than hot rolled/drawn/extrude.

In 2023, market concentration measured using Shannon Entropy, was 4.11. This means that most of the exports of Stainless steel bar nfw than hot rolled/drawn/extrude are explained by 17 countries.

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Value of Exports in Stainless steel bar nfw than hot rolled/drawn/extrude

Net Trade

TOP NET EXPORTER (2023)India$211M
TOP NET IMPORTER (2023)Canada$101M

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

In 2023, the countries that had a largest trade value in exports than in imports of Stainless steel bar nfw than hot rolled/drawn/extrude were India ($211M), Spain ($124M), Sweden ($83.1M), France ($69.1M), and Chinese Taipei ($64.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Stainless steel bar nfw than hot rolled/drawn/extrude were Canada ($101M), Germany ($81.8M), Mexico ($55.7M), Denmark ($42.8M), and United States ($42.7M).

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

Top 10 Exporters Countries of Stainless steel bar nfw than hot rolled/drawn/extrude 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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