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722100 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.86BRnk 1492 / 4644
2023
Top Exporter | Top Importer $356M | $275MChinese Taipei | Italy
2023
Product Complexity 1.55Rnk 144 / 4656
2022 - 2023
Export Growth (CAGR) -36%Rnk 4388 / 4644
2023
Share of World Trade 0.0082%Rnk 1492 / 4644

About

Overview This page contains the latest trade data of Bar or rod, stainless steel, hot rolled, coiled. In 2023, Bar or rod, stainless steel, hot rolled, coiled were the world's 1492nd most traded product, with a total trade of $1.86B. Between 2022 and 2023 the exports of Bar or rod, stainless steel, hot rolled, coiled decreased by -36%, from $2.9B to $1.86B. Trade in Bar or rod, stainless steel, hot rolled, coiled represent 0.0082% of total world trade.

Bar or rod, stainless steel, hot rolled, coiled are a part of Hot-Rolled Stainless Steel Bars.

Exports In 2023 the top exporters of Bar or rod, stainless steel, hot rolled, coiled  were Chinese Taipei ($356M), Italy ($248M), Japan ($229M), France ($178M), and India ($165M).

Imports In 2023 the top importers of Bar or rod, stainless steel, hot rolled, coiled were Italy ($275M), Germany ($250M), China ($178M), United States ($162M), and South Korea ($140M).

Ranking Bar or rod, stainless steel, hot rolled, coiled ranks 144th in the Product Complexity Index (PCI).

Description Bar or rod is a common metal that is used in a variety of industries, such as construction, automotive, and more. This metal is created by heating it until it is malleable and then passing it through rollers to form its desired shape. Stainless steel is a type of steel that is resistant to corrosion and other chemical reactions. It is often used in cooking utensils, medical equipment, and construction. Hot rolled is a type of steel that is created by heating and rolling steel. It is used for a number of different applications, such as building and construction. Coiled

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar or rod, stainless steel, hot rolled, coiled. 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 (2023)Chinese Taipei$356M
Top Destination (2023)Italy$275M

In 2023 Bar or rod, stainless steel, hot rolled, coiled were the world's 1492nd most traded product (out of 4,644).

In 2023, the top exporters of Bar or rod, stainless steel, hot rolled, coiled were Chinese Taipei ($356M), Italy ($248M), Japan ($229M), France ($178M), and India ($165M).

In 2023, the top importers of Bar or rod, stainless steel, hot rolled, coiled were Italy ($275M), Germany ($250M), China ($178M), United States ($162M), and South Korea ($140M).

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Exporters of Bar or rod, stainless steel, hot rolled, coiled (2023)
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Importers of Bar or rod, stainless steel, hot rolled, coiled (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$7.11M
Top Destination Growth (2022 -  2023)Sweden$2.36M

Between 2022 and 2023, the exports of Bar or rod, stainless steel, hot rolled, coiled grew the fastest in United States ($7.11M), Hong Kong ($2.12M), Singapore ($1.12M), Thailand ($527k), and South Africa ($466k).

Between 2022 and 2023, the fastest growing importers of Bar or rod, stainless steel, hot rolled, coiled were Sweden ($2.36M), Turkey ($2.02M), Romania ($1.82M), Spain ($1.18M), and Ukraine ($616k).

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Exporters of Bar or rod, stainless steel, hot rolled, coiled (2022 - 2023)

Importers of Bar or rod, stainless steel, hot rolled, coiled (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar or rod, stainless steel, hot rolled, coiled.

In 2023, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Bar or rod, stainless steel, hot rolled, coiled are explained by 11 countries.

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Value of Exports in Bar or rod, stainless steel, hot rolled, coiled

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$325M
TOP NET IMPORTER (2023)Germany$224M

This map shows which countries export or import more of Bar or rod, stainless steel, hot rolled, coiled. Each country is colored based on the difference in exports and imports of Bar or rod, stainless steel, hot rolled, coiled during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bar or rod, stainless steel, hot rolled, coiled were Chinese Taipei ($325M), Japan ($197M), France ($156M), Sweden ($131M), and India ($126M).

In 2023, the countries that had a largest trade value in imports than in exports of Bar or rod, stainless steel, hot rolled, coiled were Germany ($224M), United States ($142M), Switzerland ($120M), Thailand ($110M), and Czechia ($88.4M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Bar or rod, stainless steel, hot rolled, coiled.
It is possible to select the main countries that export or import Bar or rod, stainless steel, hot rolled, coiled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar or rod, stainless steel, hot rolled, coiled 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 (2023)

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