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Pricing

721660 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.96BRnk 1515 / 4648
2022
Top Exporter | Top Importer $297M | $281MGermany | Germany
2022
Product Complexity -0.21Rnk 2812 / 4653
2021 - 2022
Export Growth (CAGR) 5.03%Rnk 2228 / 4648
2022
Share of World Trade 0.0083%Rnk 1515 / 4648

About

Overview This page contains the latest trade data of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished. In 2022, Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were the world's 1515th most traded product, with a total trade of $1.96B. Between 2021 and 2022 the exports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished grew by 5.03%, from $1.87B to $1.96B. Trade in Sections, nes, iron or non-alloy steel, nfw than cold formed/finished represent 0.0083% of total world trade.

Sections, nes, iron or non-alloy steel, nfw than cold formed/finished are a part of Iron Blocks.

Exports In 2022 the top exporters of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished  were Germany ($297M), Poland ($200M), Italy ($198M), Netherlands ($121M), and Belgium ($113M).

Imports In 2022 the top importers of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were Germany ($281M), France ($229M), United States ($160M), Austria ($81.5M), and Netherlands ($80.3M).

Ranking Sections, nes, iron or non-alloy steel, nfw than cold formed/finished ranks 2812th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sections, nes, iron or non-alloy steel, nfw than cold formed/finished. 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)Germany$297M
Top Destination (2022)Germany$281M

In 2022 Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were the world's 1515th most traded product (out of 4,648).

In 2022, the top exporters of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were Germany ($297M), Poland ($200M), Italy ($198M), Netherlands ($121M), and Belgium ($113M).

In 2022, the top importers of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were Germany ($281M), France ($229M), United States ($160M), Austria ($81.5M), and Netherlands ($80.3M).

Explore Visualizations

Exporters of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished (2022)
[Click to Select a Country]

Importers of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Russia$36.3M
Top Destination Growth (2021 -  2022)Chinese Taipei$38.8M

Between 2021 and 2022, the exports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished grew the fastest in Russia ($36.3M), China ($17.4M), Netherlands ($15.7M), Switzerland ($15.6M), and Germany ($15.4M).

Between 2021 and 2022, the fastest growing importers of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were Chinese Taipei ($38.8M), Spain ($14.9M), Kuwait ($14.7M), United Kingdom ($14.3M), and Germany ($13.9M).

Explore Visualizations

Exporters of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished (2021 - 2022)

Importers of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished.

In 2022, market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished are explained by 24 countries.

Explore Visualizations

Value of Exports in Sections, nes, iron or non-alloy steel, nfw than cold formed/finished

Net Trade

TOP NET EXPORTER (2022)Italy$139M
TOP NET IMPORTER (2022)France$190M

This map shows which countries export or import more of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished. Each country is colored based on the difference in exports and imports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were Italy ($139M), Poland ($131M), Mexico ($92.1M), China ($67.5M), and Russia ($56M).

In 2022, the countries that had a largest trade value in imports than in exports of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished were France ($190M), United States ($144M), Chinese Taipei ($43.5M), Hungary ($30.7M), and Norway ($23.3M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sections, nes, iron or non-alloy steel, nfw than cold formed/finished.
It is possible to select the main countries that export or import Sections, nes, iron or non-alloy steel, nfw than cold formed/finished in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sections, nes, iron or non-alloy steel, nfw than cold formed/finished 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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