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721712 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.37BRnk 1284 / 4644
2023
Top Exporter | Top Importer $801M | $227MChina | United States
2023
Product Complexity -0.77Rnk 3570 / 4656
2022 - 2023
Export Growth (CAGR) -23.1%Rnk 3900 / 4644
2023
Share of World Trade 0.01%Rnk 1284 / 4644

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C. In 2023, Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were the world's 1284th most traded product, with a total trade of $2.37B. Between 2022 and 2023 the exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C decreased by -23.1%, from $3.07B to $2.37B. Trade in Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C represent 0.01% of total world trade.

Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C are a part of Iron Wire.

Exports In 2023 the top exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C  were China ($801M), Slovakia ($162M), Turkey ($146M), Canada ($100M), and Czechia ($91.5M).

Imports In 2023 the top importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were United States ($227M), Poland ($141M), Germany ($107M), United Kingdom ($86M), and South Korea ($85.1M).

Ranking Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C ranks 3570th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Wire, iron or non-alloy steel, plated or coated with zinc <0.25%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.

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.

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Historical Data

Exporters and Importers

Top Origin (2023)China$801M
Top Destination (2023)United States$227M

In 2023 Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were the world's 1284th most traded product (out of 4,644).

In 2023, the top exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were China ($801M), Slovakia ($162M), Turkey ($146M), Canada ($100M), and Czechia ($91.5M).

In 2023, the top importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were United States ($227M), Poland ($141M), Germany ($107M), United Kingdom ($86M), and South Korea ($85.1M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2023)
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Importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Tanzania$13.8M
Top Destination Growth (2022 -  2023)Vietnam$36.7M

Between 2022 and 2023, the exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C grew the fastest in Tanzania ($13.8M), India ($6.83M), Australia ($2.94M), Ukraine ($2.29M), and Hong Kong ($1.66M).

Between 2022 and 2023, the fastest growing importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were Vietnam ($36.7M), Poland ($21.2M), Philippines ($10.4M), Romania ($7.97M), and India ($7.44M).

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Exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2022 - 2023)

Importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C.

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C are explained by 18 countries.

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Value of Exports in Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C

Net Trade

TOP NET EXPORTER (2023)China$796M
TOP NET IMPORTER (2023)United States$203M

This map shows which countries export or import more of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%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, plated or coated with zinc <0.25%C were China ($796M), Slovakia ($146M), Turkey ($140M), Czechia ($63.6M), and Luxembourg ($55M).

In 2023, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were United States ($203M), Poland ($99.1M), United Kingdom ($83.8M), Vietnam ($62.1M), and South Korea ($56.7M).

Net Trade (2023)

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, plated or coated with zinc <0.25%C.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, plated or coated with zinc <0.25%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, plated or coated with zinc <0.25%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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