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722870 (Harmonized System 1992 for 6-digit)

2022
World Trade $874MRnk 2353 / 4648
2022
Top Exporter | Top Importer $148M | $190MChina | United States
2022
Product Complexity 0.37Rnk 1874 / 4653
2021 - 2022
Export Growth (CAGR) -25.7%Rnk 4413 / 4648
2022
Share of World Trade 0.0037%Rnk 2353 / 4648

About

Overview This page contains the latest trade data of Angles, shapes and sections, alloy steel, nes. In 2022, Angles, shapes and sections, alloy steel, nes were the world's 2353rd most traded product, with a total trade of $874M. Between 2021 and 2022 the exports of Angles, shapes and sections, alloy steel, nes decreased by -25.7%, from $1.18B to $874M. Trade in Angles, shapes and sections, alloy steel, nes represent 0.0037% of total world trade.

Angles, shapes and sections, alloy steel, nes are a part of Other Steel Bars.

Exports In 2022 the top exporters of Angles, shapes and sections, alloy steel, nes  were China ($148M), United Kingdom ($112M), Spain ($92.5M), Luxembourg ($84.1M), and Italy ($72M).

Imports In 2022 the top importers of Angles, shapes and sections, alloy steel, nes were United States ($190M), Hong Kong ($57.6M), Canada ($41.2M), Mexico ($40M), and Italy ($37.2M).

Ranking Angles, shapes and sections, alloy steel, nes ranks 1874th in the Product Complexity Index (PCI).

Description Angles are usually used to measure distance. Alloys are used in steel to improve its quality. Sections are shapes cut to measure the size of a particular material.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Angles, shapes and sections, alloy steel, nes. 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)China$148M
Top Destination (2022)United States$190M

In 2022 Angles, shapes and sections, alloy steel, nes were the world's 2353rd most traded product (out of 4,648).

In 2022, the top exporters of Angles, shapes and sections, alloy steel, nes were China ($148M), United Kingdom ($112M), Spain ($92.5M), Luxembourg ($84.1M), and Italy ($72M).

In 2022, the top importers of Angles, shapes and sections, alloy steel, nes were United States ($190M), Hong Kong ($57.6M), Canada ($41.2M), Mexico ($40M), and Italy ($37.2M).

Explore Visualizations

Exporters of Angles, shapes and sections, alloy steel, nes (2022)
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Importers of Angles, shapes and sections, alloy steel, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$64.4M
Top Destination Growth (2021 -  2022)United States$125M

Between 2021 and 2022, the exports of Angles, shapes and sections, alloy steel, nes grew the fastest in Spain ($64.4M), United Kingdom ($54.2M), Luxembourg ($36.6M), Turkey ($17.5M), and United States ($6.5M).

Between 2021 and 2022, the fastest growing importers of Angles, shapes and sections, alloy steel, nes were United States ($125M), Italy ($14.8M), Mexico ($11M), United Kingdom ($9.35M), and Austria ($9.09M).

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Exporters of Angles, shapes and sections, alloy steel, nes (2021 - 2022)

Importers of Angles, shapes and sections, alloy steel, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Angles, shapes and sections, alloy steel, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Angles, shapes and sections, alloy steel, nes are explained by 16 countries.

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Value of Exports in Angles, shapes and sections, alloy steel, nes

Net Trade

TOP NET EXPORTER (2022)China$125M
TOP NET IMPORTER (2022)United States$163M

This map shows which countries export or import more of Angles, shapes and sections, alloy steel, nes. Each country is colored based on the difference in exports and imports of Angles, shapes and sections, alloy steel, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Angles, shapes and sections, alloy steel, nes were China ($125M), United Kingdom ($90.2M), Spain ($86.9M), Luxembourg ($83.7M), and Germany ($36.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Angles, shapes and sections, alloy steel, nes were United States ($163M), Hong Kong ($57M), Mexico ($39M), Canada ($36.7M), and Vietnam ($20.6M).

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 Angles, shapes and sections, alloy steel, nes.
It is possible to select the main countries that export or import Angles, shapes and sections, alloy steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Angles, shapes and sections, alloy steel, nes 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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