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731300 (Harmonized System 1992 for 6-digit)

2022
World Trade $398MRnk 3142 / 4648
2022
Top Exporter | Top Importer $215M | $16.7MChina | United States
2022
Product Complexity -1.53Rnk 4293 / 4653
2021 - 2022
Export Growth (CAGR) 12.3%Rnk 1387 / 4648
2022
Share of World Trade 0.0017%Rnk 3142 / 4648

About

Overview This page contains the latest trade data of Wire for fencing, including barbed wire. In 2022, Wire for fencing, including barbed wire were the world's 3142nd most traded product, with a total trade of $398M. Between 2021 and 2022 the exports of Wire for fencing, including barbed wire grew by 12.3%, from $355M to $398M. Trade in Wire for fencing, including barbed wire represent 0.0017% of total world trade.

Wire for fencing, including barbed wire are a part of Barbed Wire.

Exports In 2022 the top exporters of Wire for fencing, including barbed wire  were China ($215M), Turkey ($26M), Spain ($19.2M), Mexico ($16.2M), and Guatemala ($10.5M).

Imports In 2022 the top importers of Wire for fencing, including barbed wire were United States ($16.7M), France ($15.2M), Thailand ($12.9M), Iraq ($10.4M), and Honduras ($9.55M).

Ranking Wire for fencing, including barbed wire ranks 4293rd in the Product Complexity Index (PCI).

Description Wire is used for fences to contain animals, to support plants, to repel birds, and to protect crops. Barbed wire is used by ranchers to protect grazing land.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wire for fencing, including barbed wire. 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)China$215M
Top Destination (2022)United States$16.7M

In 2022 Wire for fencing, including barbed wire were the world's 3142nd most traded product (out of 4,648).

In 2022, the top exporters of Wire for fencing, including barbed wire were China ($215M), Turkey ($26M), Spain ($19.2M), Mexico ($16.2M), and Guatemala ($10.5M).

In 2022, the top importers of Wire for fencing, including barbed wire were United States ($16.7M), France ($15.2M), Thailand ($12.9M), Iraq ($10.4M), and Honduras ($9.55M).

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Exporters of Wire for fencing, including barbed wire (2022)
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Importers of Wire for fencing, including barbed wire (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$71.4M
Top Destination Growth (2021 -  2022)United States$9.08M

Between 2021 and 2022, the exports of Wire for fencing, including barbed wire grew the fastest in China ($71.4M), Turkey ($6.42M), Mexico ($4.57M), Russia ($2.36M), and Belgium ($1.94M).

Between 2021 and 2022, the fastest growing importers of Wire for fencing, including barbed wire were United States ($9.08M), Iraq ($6.44M), Malaysia ($5.85M), Thailand ($5.76M), and Togo ($5.54M).

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Exporters of Wire for fencing, including barbed wire (2021 - 2022)

Importers of Wire for fencing, including barbed wire (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire for fencing, including barbed wire.

In 2022, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Wire for fencing, including barbed wire are explained by 9 countries.

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Value of Exports in Wire for fencing, including barbed wire

Net Trade

TOP NET EXPORTER (2022)China$214M
TOP NET IMPORTER (2022)France$14.1M

This map shows which countries export or import more of Wire for fencing, including barbed wire. Each country is colored based on the difference in exports and imports of Wire for fencing, including barbed wire during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire for fencing, including barbed wire were China ($214M), Turkey ($25.6M), Mexico ($13M), Spain ($12M), and Guatemala ($9.05M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire for fencing, including barbed wire were France ($14.1M), United States ($10.6M), Honduras ($9M), Ghana ($8.38M), and United Kingdom ($7.62M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire for fencing, including barbed wire.
It is possible to select the main countries that export or import Wire for fencing, including barbed wire in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire for fencing, including barbed wire 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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