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722790 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.25BRnk 893 / 4648
2022
Top Exporter | Top Importer $802M | $486MChina | United States
2022
Product Complexity 0.12Rnk 2342 / 4653
2021 - 2022
Export Growth (CAGR) -19.8%Rnk 4322 / 4648
2022
Share of World Trade 0.018%Rnk 893 / 4648

About

Overview This page contains the latest trade data of Bar/rod, alloy steel nes, irregularly wound coils. In 2022, Bar/rod, alloy steel nes, irregularly wound coils were the world's 893rd most traded product, with a total trade of $4.25B. Between 2021 and 2022 the exports of Bar/rod, alloy steel nes, irregularly wound coils decreased by -19.8%, from $5.3B to $4.25B. Trade in Bar/rod, alloy steel nes, irregularly wound coils represent 0.018% of total world trade.

Bar/rod, alloy steel nes, irregularly wound coils are a part of Steel Bars.

Exports In 2022 the top exporters of Bar/rod, alloy steel nes, irregularly wound coils  were China ($802M), Japan ($574M), Germany ($529M), Italy ($274M), and Austria ($264M).

Imports In 2022 the top importers of Bar/rod, alloy steel nes, irregularly wound coils were United States ($486M), Germany ($415M), Thailand ($377M), Italy ($331M), and South Korea ($270M).

Ranking Bar/rod, alloy steel nes, irregularly wound coils ranks 2342nd in the Product Complexity Index (PCI).

Description It is common for bars and rods to be all alloy steel. These are used for a number of purposes, such as for reinforcing and joining structures. Irregularly wound coils are commonly used in the welding process.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar/rod, alloy steel nes, irregularly wound coils. 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$802M
Top Destination (2022)United States$486M

In 2022 Bar/rod, alloy steel nes, irregularly wound coils were the world's 893rd most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, alloy steel nes, irregularly wound coils were China ($802M), Japan ($574M), Germany ($529M), Italy ($274M), and Austria ($264M).

In 2022, the top importers of Bar/rod, alloy steel nes, irregularly wound coils were United States ($486M), Germany ($415M), Thailand ($377M), Italy ($331M), and South Korea ($270M).

Explore Visualizations

Exporters of Bar/rod, alloy steel nes, irregularly wound coils (2022)
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Importers of Bar/rod, alloy steel nes, irregularly wound coils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$45.5M
Top Destination Growth (2021 -  2022)United States$70.4M

Between 2021 and 2022, the exports of Bar/rod, alloy steel nes, irregularly wound coils grew the fastest in Canada ($45.5M), Brazil ($41.8M), Germany ($35.7M), Austria ($28.8M), and Mexico ($21.1M).

Between 2021 and 2022, the fastest growing importers of Bar/rod, alloy steel nes, irregularly wound coils were United States ($70.4M), Jamaica ($36.5M), France ($24.7M), Turkey ($24.5M), and Germany ($17.3M).

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Exporters of Bar/rod, alloy steel nes, irregularly wound coils (2021 - 2022)

Importers of Bar/rod, alloy steel nes, irregularly wound coils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, alloy steel nes, irregularly wound coils.

In 2022, market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Bar/rod, alloy steel nes, irregularly wound coils are explained by 17 countries.

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Value of Exports in Bar/rod, alloy steel nes, irregularly wound coils

Net Trade

TOP NET EXPORTER (2022)China$604M
TOP NET IMPORTER (2022)United States$437M

This map shows which countries export or import more of Bar/rod, alloy steel nes, irregularly wound coils. Each country is colored based on the difference in exports and imports of Bar/rod, alloy steel nes, irregularly wound coils during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, alloy steel nes, irregularly wound coils were China ($604M), Japan ($550M), Austria ($238M), Canada ($176M), and Germany ($114M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, alloy steel nes, irregularly wound coils were United States ($437M), Thailand ($367M), Indonesia ($131M), Vietnam ($88.3M), and Malaysia ($70M).

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 Bar/rod, alloy steel nes, irregularly wound coils.
It is possible to select the main countries that export or import Bar/rod, alloy steel nes, irregularly wound coils in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar/rod, alloy steel nes, irregularly wound coils 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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