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722219 (Harmonized System 1996 for 6-digit)

2022
World Trade $711MRnk 2625 / 4769
2022
Top Exporter | Top Importer $116M | $98.8MIndia | China
2022
Product Complexity 0.57Rnk 1551 / 4776
2021 - 2022
Export Growth (CAGR) 28.4%Rnk 461 / 4769
2022
Share of World Trade 0.003%Rnk 2625 / 4769

About

Overview This page contains the latest trade data of Stainless Steel Rods: Hot-Processed, Other Shapes. In 2022, Stainless Steel Rods: Hot-Processed, Other Shapes were the world's 2625th most traded product, with a total trade of $711M. Between 2021 and 2022 the exports of Stainless Steel Rods: Hot-Processed, Other Shapes grew by 28.4%, from $553M to $711M. Trade in Stainless Steel Rods: Hot-Processed, Other Shapes represent 0.003% of total world trade.

Stainless Steel Rods: Hot-Processed, Other Shapes are a part of Stainless steel bars and rods, angles, shapes and sections.

Exports In 2022 the top exporters of Stainless Steel Rods: Hot-Processed, Other Shapes  were India ($116M), South Korea ($94.3M), Italy ($90M), Germany ($72.7M), and Portugal ($63.1M).

Imports In 2022 the top importers of Stainless Steel Rods: Hot-Processed, Other Shapes were China ($98.8M), United States ($97.6M), Germany ($77.7M), Italy ($34.1M), and Belgium ($31.8M).

Ranking Stainless Steel Rods: Hot-Processed, Other Shapes ranks 1551st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Stainless Steel Rods: Hot-Processed, Other Shapes. 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 (2022)India$116M
Top Destination (2022)China$98.8M

In 2022 Stainless Steel Rods: Hot-Processed, Other Shapes were the world's 2625th most traded product (out of 4,769).

In 2022, the top exporters of Stainless Steel Rods: Hot-Processed, Other Shapes were India ($116M), South Korea ($94.3M), Italy ($90M), Germany ($72.7M), and Portugal ($63.1M).

In 2022, the top importers of Stainless Steel Rods: Hot-Processed, Other Shapes were China ($98.8M), United States ($97.6M), Germany ($77.7M), Italy ($34.1M), and Belgium ($31.8M).

Explore Visualizations

Exporters of Stainless Steel Rods: Hot-Processed, Other Shapes (2022)
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Importers of Stainless Steel Rods: Hot-Processed, Other Shapes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$80.2M
Top Destination Growth (2021 -  2022)China$80.3M

Between 2021 and 2022, the exports of Stainless Steel Rods: Hot-Processed, Other Shapes grew the fastest in South Korea ($80.2M), Austria ($15.4M), Germany ($15.2M), India ($11M), and Portugal ($9.74M).

Between 2021 and 2022, the fastest growing importers of Stainless Steel Rods: Hot-Processed, Other Shapes were China ($80.3M), Belgium ($19.8M), United States ($11.1M), Hungary ($9.25M), and Germany ($8.26M).

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Exporters of Stainless Steel Rods: Hot-Processed, Other Shapes (2021 - 2022)

Importers of Stainless Steel Rods: Hot-Processed, Other Shapes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless Steel Rods: Hot-Processed, Other Shapes.

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Stainless Steel Rods: Hot-Processed, Other Shapes are explained by 15 countries.

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Value of Exports in Stainless Steel Rods: Hot-Processed, Other Shapes

Net Trade

TOP NET EXPORTER (2022)India$101M
TOP NET IMPORTER (2022)United States$66.6M

This map shows which countries export or import more of Stainless Steel Rods: Hot-Processed, Other Shapes. Each country is colored based on the difference in exports and imports of Stainless Steel Rods: Hot-Processed, Other Shapes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stainless Steel Rods: Hot-Processed, Other Shapes were India ($101M), South Korea ($84.8M), Portugal ($58.9M), Italy ($55.9M), and Austria ($28.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Stainless Steel Rods: Hot-Processed, Other Shapes were United States ($66.6M), China ($62.8M), Belgium ($27.3M), Canada ($19.3M), and United Kingdom ($18.4M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Stainless Steel Rods: Hot-Processed, Other Shapes.
It is possible to select the main countries that export or import Stainless Steel Rods: Hot-Processed, Other Shapes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless Steel Rods: Hot-Processed, Other Shapes 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 (2022)

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