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Stainless steel bars and rods, angles, shapes and sections

7222 (Harmonized System 1992 for 4-digit)

2022
World Trade $8.65BRnk 414 / 1218
2022
Top Exporter | Top Importer $1.61B | $1.44BItaly | Germany
2022
Product Complexity 1.42Rnk 59 / 1033
undefined - 2022
Export Growth (CAGR) 19.7%Rnk 188 / 1218
2022
Share of World Trade 0.037%Rnk 414 / 1218

About

Overview N/A

Other Stainless Steel Bars are a part of Iron & steel. They include Stainless steel bar nfw than cold formed/cold finishe, Stainless steel bar nfw than hot rolled/drawn/extrude, Stainless steel bar or rod nes, and Angles, shapes and sections, stainless steel.

Exports In 2022 the top exporters of Other Stainless Steel Bars  were Italy ($1.61B), India ($1.23B), Germany ($1.02B), Spain ($611M), and China ($541M).

Imports In 2022 the top importers of Other Stainless Steel Bars were Germany ($1.44B), United States ($830M), Italy ($500M), China ($448M), and France ($368M).

Ranking Other Stainless Steel Bars ranks 59th in the Product Complexity Index (PCI).

Description Other bars and rods of stainless steel are used in the production of other goods. They can be made from a variety of materials, including aluminum, copper, nickel, and titanium.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Stainless Steel Bars. 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 (2022)Italy$1.61B
Top Destination (2022)Germany$1.44B

In 2022 Other Stainless Steel Bars were the world's 414th most traded product (out of 1,218).

In 2022, the top exporters of Other Stainless Steel Bars were Italy ($1.61B), India ($1.23B), Germany ($1.02B), Spain ($611M), and China ($541M).

In 2022, the top importers of Other Stainless Steel Bars were Germany ($1.44B), United States ($830M), Italy ($500M), China ($448M), and France ($368M).

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Exporters of Other Stainless Steel Bars (2022)
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Importers of Other Stainless Steel Bars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$345M
Top Destination Growth (2021 -  2022)Germany$284M

Between 2021 and 2022, the exports of Other Stainless Steel Bars grew the fastest in Italy ($345M), Germany ($173M), India ($154M), Spain ($152M), and China ($135M).

Between 2021 and 2022, the fastest growing importers of Other Stainless Steel Bars were Germany ($284M), United States ($234M), Italy ($98.7M), China ($72.9M), and France ($72.1M).

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Exporters of Other Stainless Steel Bars (2021 - 2022)

Importers of Other Stainless Steel Bars (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Stainless Steel Bars.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Other Stainless Steel Bars are explained by 17 countries.

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Value of Exports in Other Stainless Steel Bars

Net Trade

TOP NET EXPORTER (2022)India$1.13B
TOP NET IMPORTER (2022)Germany$416M

This map shows which countries export or import more of Other Stainless Steel Bars. Each country is colored based on the difference in exports and imports of Other Stainless Steel Bars during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Stainless Steel Bars were India ($1.13B), Italy ($1.11B), Spain ($450M), Chinese Taipei ($320M), and Japan ($253M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Stainless Steel Bars were Germany ($416M), United States ($405M), Turkey ($206M), Canada ($192M), and Netherlands ($188M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Stainless Steel Bars, disaggragated by their HS6 level were Stainless steel bar nfw than cold... ($4.7B), Stainless steel bar nfw than hot... ($2.13B), Stainless steel bar or rod nes ($969M), and Angles, shapes and sections, stainless steel ($854M)

HS6 Disaggregation for Other Stainless Steel Bars (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Stainless Steel Bars.
It is possible to select the main countries that export or import Other Stainless Steel Bars in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Stainless Steel Bars by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $18.9M
TOP IMPORT POTENTIALFrance+ $9.93M

Other Stainless Steel Bars’s highest export potential is France. With an export gap of $18.9M.  Other Stainless Steel Bars’s highest import potential is France with an import gap of $9.93M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Stainless Steel Bars.

Country by Relatedness

The following visualization shows the relatedness of Other Stainless Steel Bars to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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