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721690 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.88BRnk 1554 / 4648
2022
Top Exporter | Top Importer $460M | $148MChina | United States
2022
Product Complexity -0.39Rnk 3097 / 4653
2021 - 2022
Export Growth (CAGR) 10.4%Rnk 1564 / 4648
2022
Share of World Trade 0.0079%Rnk 1554 / 4648

About

Overview This page contains the latest trade data of Angles/shapes/sections, iron or non-alloy steel, nes. In 2022, Angles/shapes/sections, iron or non-alloy steel, nes were the world's 1554th most traded product, with a total trade of $1.88B. Between 2021 and 2022 the exports of Angles/shapes/sections, iron or non-alloy steel, nes grew by 10.4%, from $1.7B to $1.88B. Trade in Angles/shapes/sections, iron or non-alloy steel, nes represent 0.0079% of total world trade.

Angles/shapes/sections, iron or non-alloy steel, nes are a part of Iron Blocks.

Exports In 2022 the top exporters of Angles/shapes/sections, iron or non-alloy steel, nes  were China ($460M), Poland ($204M), Germany ($146M), Belgium ($106M), and Slovakia ($86.9M).

Imports In 2022 the top importers of Angles/shapes/sections, iron or non-alloy steel, nes were United States ($148M), Germany ($127M), France ($97.1M), Czechia ($67.9M), and Hungary ($67.5M).

Ranking Angles/shapes/sections, iron or non-alloy steel, nes ranks 3097th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Angles/shapes/sections, iron or non-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$460M
Top Destination (2022)United States$148M

In 2022 Angles/shapes/sections, iron or non-alloy steel, nes were the world's 1554th most traded product (out of 4,648).

In 2022, the top exporters of Angles/shapes/sections, iron or non-alloy steel, nes were China ($460M), Poland ($204M), Germany ($146M), Belgium ($106M), and Slovakia ($86.9M).

In 2022, the top importers of Angles/shapes/sections, iron or non-alloy steel, nes were United States ($148M), Germany ($127M), France ($97.1M), Czechia ($67.9M), and Hungary ($67.5M).

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Exporters of Angles/shapes/sections, iron or non-alloy steel, nes (2022)
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Importers of Angles/shapes/sections, iron or non-alloy steel, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$161M
Top Destination Growth (2021 -  2022)Saudi Arabia$37.5M

Between 2021 and 2022, the exports of Angles/shapes/sections, iron or non-alloy steel, nes grew the fastest in China ($161M), Canada ($18.4M), Singapore ($16.2M), Jordan ($15.4M), and Serbia ($14.9M).

Between 2021 and 2022, the fastest growing importers of Angles/shapes/sections, iron or non-alloy steel, nes were Saudi Arabia ($37.5M), United States ($19.1M), Singapore ($18.6M), Indonesia ($17.6M), and Thailand ($16.8M).

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Exporters of Angles/shapes/sections, iron or non-alloy steel, nes (2021 - 2022)

Importers of Angles/shapes/sections, iron or non-alloy steel, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Angles/shapes/sections, iron or non-alloy steel, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Angles/shapes/sections, iron or non-alloy steel, nes are explained by 23 countries.

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Value of Exports in Angles/shapes/sections, iron or non-alloy steel, nes

Net Trade

TOP NET EXPORTER (2022)China$455M
TOP NET IMPORTER (2022)United States$120M

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

In 2022, the countries that had a largest trade value in exports than in imports of Angles/shapes/sections, iron or non-alloy steel, nes were China ($455M), Poland ($168M), Belgium ($86.3M), United Arab Emirates ($54.3M), and Slovakia ($52.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Angles/shapes/sections, iron or non-alloy steel, nes were United States ($120M), Hungary ($58.4M), Indonesia ($53.6M), Czechia ($52.7M), and France ($52.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Angles/shapes/sections, iron or non-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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