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721540 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.44kRnk 4618 / 4644
2023
Top Exporter | Top Importer $4.53k | $5.44kChina | Grenada
2023
Product Complexity -1.25Rnk 4057 / 4656
2022 - 2023
Export Growth (CAGR) -95.9%Rnk 4621 / 4644
2023
Share of World Trade <0.01%Rnk 4618 / 4644

About

Overview This page contains the latest trade data of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C. In 2023, Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were the world's 4618th most traded product, with a total trade of $5.44k. Between 2022 and 2023 the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C decreased by -95.9%, from $133k to $5.44k. Trade in Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C represent 2.4e-8% of total world trade.

Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C are a part of Other Iron Bars.

Exports In 2023 the top exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C  were China ($4.53k) and Trinidad and Tobago ($916).

Imports In 2023 the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Grenada ($5.44k).

Ranking Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C ranks 4057th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C. 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)China$4.53k
Top Destination (2023)Grenada$5.44k

In 2023 Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were the world's 4618th most traded product (out of 4,644).

In 2023, the top exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were China ($4.53k) and Trinidad and Tobago ($916).

In 2023, the top importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Grenada ($5.44k).

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Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2023)
[Click to Select a Country]

Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Trinidad and Tobago$388
Top Destination Growth (2022 -  2023)Grenada$3.11k

Between 2022 and 2023, the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C grew the fastest in Trinidad and Tobago ($388).

Between 2022 and 2023, the fastest growing importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C were Grenada ($3.11k).

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Exporters of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2022 - 2023)

Importers of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C.

In 2023, market concentration measured using Shannon Entropy, was 0.65. This means that most of the exports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C are explained by 1 countries.

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Value of Exports in Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C

Net Trade

This map shows which countries export or import more of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C. Each country is colored based on the difference in exports and imports of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C during 2023.

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C.
It is possible to select the main countries that export or import Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar/rod, iron or non-alloy steel, cold formed/finished, >0.6%C 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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