721733 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C. In 2023, Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were the world's 1765th most traded product, with a total trade of $1.39B. Between 2022 and 2023 the exports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C decreased by -19.2%, from $1.72B to $1.39B. Trade in Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C represent 0.0062% of total world trade.

Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C are a part of Iron Wire.

Exports In 2023 the top exporters of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C  were China ($480M), South Korea ($128M), Slovakia ($112M), France ($91.1M), and Malaysia ($84.3M).

Imports In 2023 the top importers of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were Thailand ($140M), Romania ($127M), Turkey ($90.2M), India ($85.2M), and Japan ($75.7M).

Ranking Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C ranks 1394th in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C. 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)China$480M
Top Destination (2023)Thailand$140M

In 2023 Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were the world's 1765th most traded product (out of 4,644).

In 2023, the top exporters of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were China ($480M), South Korea ($128M), Slovakia ($112M), France ($91.1M), and Malaysia ($84.3M).

In 2023, the top importers of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were Thailand ($140M), Romania ($127M), Turkey ($90.2M), India ($85.2M), and Japan ($75.7M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C (2023)
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Importers of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$13.4M
Top Destination Growth (2022 -  2023)Russia$7.8M

Between 2022 and 2023, the exports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C grew the fastest in Turkey ($13.4M), Russia ($7.08M), Brazil ($1.97M), Thailand ($1.84M), and Ukraine ($328k).

Between 2022 and 2023, the fastest growing importers of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were Russia ($7.8M), Cambodia ($3.82M), Saudi Arabia ($1.74M), Morocco ($849k), and Luxembourg ($819k).

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Exporters of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C (2022 - 2023)

Importers of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C.

In 2023, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C are explained by 12 countries.

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Value of Exports in Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C

Net Trade

TOP NET EXPORTER (2023)China$458M
TOP NET IMPORTER (2023)Thailand$121M

This map shows which countries export or import more of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were China ($458M), South Korea ($92.1M), Slovakia ($86.5M), France ($77.3M), and Malaysia ($63.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C were Thailand ($121M), Romania ($119M), India ($79.3M), Turkey ($68M), and Japan ($51.6M).

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, of base metal plated/coated nes, >0.6%C.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, of base metal plated/coated nes, >0.6%C 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, of base metal plated/coated nes, >0.6%C 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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