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721739 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.27MRnk 4540 / 4644
2023
Top Exporter | Top Importer $1.86M | $2.15MDjibouti | Djibouti
2023
Product Complexity -1.41Rnk 4204 / 4656
2022 - 2023
Export Growth (CAGR) -60.7%Rnk 4554 / 4644
2023
Share of World Trade <0.01%Rnk 4540 / 4644

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, more than 0.6% carbon, nes. In 2023, Wire, iron or non-alloy steel, more than 0.6% carbon, nes were the world's 4540th most traded product, with a total trade of $4.27M. Between 2022 and 2023 the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes decreased by -60.7%, from $10.9M to $4.27M. Trade in Wire, iron or non-alloy steel, more than 0.6% carbon, nes represent 0.000019% of total world trade.

Wire, iron or non-alloy steel, more than 0.6% carbon, nes are a part of Iron Wire.

Exports In 2023 the top exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes  were Djibouti ($1.86M), United Arab Emirates ($732k), China ($722k), Oman ($379k), and India ($213k).

Imports In 2023 the top importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Djibouti ($2.15M), Ethiopia ($1.86M), Suriname ($118k), Antigua and Barbuda ($56.7k), and Aruba ($44.1k).

Ranking Wire, iron or non-alloy steel, more than 0.6% carbon, nes ranks 4204th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, iron or non-alloy steel, more than 0.6% 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.

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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)Djibouti$1.86M
Top Destination (2023)Djibouti$2.15M

In 2023 Wire, iron or non-alloy steel, more than 0.6% carbon, nes were the world's 4540th most traded product (out of 4,644).

In 2023, the top exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Djibouti ($1.86M), United Arab Emirates ($732k), China ($722k), Oman ($379k), and India ($213k).

In 2023, the top importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Djibouti ($2.15M), Ethiopia ($1.86M), Suriname ($118k), Antigua and Barbuda ($56.7k), and Aruba ($44.1k).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2023)
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Importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Djibouti$1.71M
Top Destination Growth (2022 -  2023)Djibouti$2.01M

Between 2022 and 2023, the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes grew the fastest in Djibouti ($1.71M), Oman ($379k), Singapore ($186k), United Arab Emirates ($171k), and Canada ($3.31k).

Between 2022 and 2023, the fastest growing importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Djibouti ($2.01M), Ethiopia ($1.71M), and Suriname ($21.8k).

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Exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2022 - 2023)

Importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes.

In 2023, market concentration measured using Shannon Entropy, was 2.4. This means that most of the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes are explained by 5 countries.

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Value of Exports in Wire, iron or non-alloy steel, more than 0.6% carbon, nes

Net Trade

TOP NET EXPORTER (2023)United Arab Emirates$732k
TOP NET IMPORTER (2023)Djibouti$298k

This map shows which countries export or import more of Wire, iron or non-alloy steel, more than 0.6% carbon, nes. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were United Arab Emirates ($732k), China ($722k), Oman ($379k), India ($213k), and Singapore ($188k).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Djibouti ($298k).

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 Wire, iron or non-alloy steel, more than 0.6% carbon, nes.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, more than 0.6% 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, more than 0.6% 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 (2023)

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