721719 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, <0.25% carbon, nes. In 2022, Wire, iron or non-alloy steel, <0.25% carbon, nes were the world's 2610th most traded product, with a total trade of $685M. Between 2021 and 2022 the exports of Wire, iron or non-alloy steel, <0.25% carbon, nes grew by 3.34%, from $663M to $685M. Trade in Wire, iron or non-alloy steel, <0.25% carbon, nes represent 0.0029% of total world trade.

Wire, iron or non-alloy steel, <0.25% carbon, nes are a part of Iron Wire.

Exports In 2022 the top exporters of Wire, iron or non-alloy steel, <0.25% carbon, nes  were China ($143M), Spain ($59.7M), Germany ($45.9M), Belgium ($39.5M), and United States ($37.8M).

Imports In 2022 the top importers of Wire, iron or non-alloy steel, <0.25% carbon, nes were United States ($54.4M), France ($47M), Germany ($41.8M), Kuwait ($40M), and Canada ($38.2M).

Ranking Wire, iron or non-alloy steel, <0.25% carbon, nes ranks 3482nd in the Product Complexity Index (PCI).

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wire, iron or non-alloy steel, <0.25% carbon, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$143M
Top Destination (2022)United States$54.4M

In 2022 Wire, iron or non-alloy steel, <0.25% carbon, nes were the world's 2610th most traded product (out of 4,648).

In 2022, the top exporters of Wire, iron or non-alloy steel, <0.25% carbon, nes were China ($143M), Spain ($59.7M), Germany ($45.9M), Belgium ($39.5M), and United States ($37.8M).

In 2022, the top importers of Wire, iron or non-alloy steel, <0.25% carbon, nes were United States ($54.4M), France ($47M), Germany ($41.8M), Kuwait ($40M), and Canada ($38.2M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, <0.25% carbon, nes (2022)
[Click to Select a Country]

Importers of Wire, iron or non-alloy steel, <0.25% carbon, nes (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$20.5M
Top Destination Growth (2021 -  2022)Kuwait$35.1M

Between 2021 and 2022, the exports of Wire, iron or non-alloy steel, <0.25% carbon, nes grew the fastest in United Arab Emirates ($20.5M), China ($19.9M), France ($10.9M), Saudi Arabia ($10.6M), and Singapore ($5.99M).

Between 2021 and 2022, the fastest growing importers of Wire, iron or non-alloy steel, <0.25% carbon, nes were Kuwait ($35.1M), United States ($11.6M), Romania ($11.2M), Malaysia ($5.49M), and Austria ($4.77M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, <0.25% carbon, nes (2021 - 2022)

Importers of Wire, iron or non-alloy steel, <0.25% carbon, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, <0.25% carbon, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Wire, iron or non-alloy steel, <0.25% carbon, nes are explained by 24 countries.

Explore Visualizations

Value of Exports in Wire, iron or non-alloy steel, <0.25% carbon, nes

Net Trade

TOP NET EXPORTER (2022)China$138M
TOP NET IMPORTER (2022)Kuwait$40M

This map shows which countries export or import more of Wire, iron or non-alloy steel, <0.25% carbon, nes. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, <0.25% carbon, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire, iron or non-alloy steel, <0.25% carbon, nes were China ($138M), Spain ($49.1M), Belgium ($32.5M), Turkey ($22.1M), and South Korea ($21.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, <0.25% carbon, nes were Kuwait ($40M), Canada ($28.3M), France ($20.5M), Malaysia ($19.6M), and Romania ($17.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire, iron or non-alloy steel, <0.25% carbon, nes.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, <0.25% carbon, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, iron or non-alloy steel, <0.25% carbon, nes 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)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with