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721712 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.79BRnk 971 / 4648
2022
Top Exporter | Top Importer $1.72B | $370MChina | Saudi Arabia
2022
Product Complexity -0.77Rnk 3555 / 4653
2021 - 2022
Export Growth (CAGR) 16%Rnk 1039 / 4648
2022
Share of World Trade 0.016%Rnk 971 / 4648

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 2022, Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were the world's 971st most traded product, with a total trade of $3.79B. Between 2021 and 2022 the exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C grew by 16%, from $3.27B to $3.79B. Trade in Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C represent 0.016% 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 2022 the top exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C  were China ($1.72B), Slovakia ($233M), Turkey ($179M), Canada ($129M), and Czechia ($127M).

Imports In 2022 the top importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were Saudi Arabia ($370M), United States ($312M), Germany ($231M), Iraq ($147M), and France ($145M).

Ranking Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C ranks 3555th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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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 (2022)China$1.72B
Top Destination (2022)Saudi Arabia$370M

In 2022 Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were the world's 971st most traded product (out of 4,648).

In 2022, the top exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were China ($1.72B), Slovakia ($233M), Turkey ($179M), Canada ($129M), and Czechia ($127M).

In 2022, the top importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were Saudi Arabia ($370M), United States ($312M), Germany ($231M), Iraq ($147M), and France ($145M).

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

Color
Top Origin Growth (2021 -  2022)China$545M
Top Destination Growth (2021 -  2022)Saudi Arabia$253M

Between 2021 and 2022, the exports of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C grew the fastest in China ($545M), Netherlands ($71.6M), Slovakia ($35.4M), United Arab Emirates ($15M), and Germany ($10.4M).

Between 2021 and 2022, the fastest growing importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C were Saudi Arabia ($253M), Iraq ($70.5M), Germany ($53.9M), United Arab Emirates ($35.3M), and Libya ($33.4M).

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Exporters of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2021 - 2022)

Importers of Wire, iron or non-alloy steel, plated or coated with zinc <0.25%C (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 3.66. 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 12 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 (2022)China$1.71B
TOP NET IMPORTER (2022)Saudi Arabia$367M

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 2022.

In 2022, 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 ($1.71B), Slovakia ($196M), Turkey ($174M), Czechia ($75.2M), and Luxembourg ($68.1M).

In 2022, 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 Saudi Arabia ($367M), United States ($287M), Germany ($112M), Poland ($78.3M), and United Kingdom ($77M).

Net Trade (2022)

Country Comparison

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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 (2022)

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