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2022
World Trade $17.2BRnk 198 / 4648
2022
Top Exporter | Top Importer $3.99B | $1.2BTurkey | United States
2022
Product Complexity -1.32Rnk 4113 / 4653
2021 - 2022
Export Growth (CAGR) -10.8%Rnk 4000 / 4648
2022
Share of World Trade 0.073%Rnk 198 / 4648

About

Overview This page contains the latest trade data of Bar/rod, iron or non-alloy steel, indented or twisted, nes. In 2022, Bar/rod, iron or non-alloy steel, indented or twisted, nes were the world's 198th most traded product, with a total trade of $17.2B. Between 2021 and 2022 the exports of Bar/rod, iron or non-alloy steel, indented or twisted, nes decreased by -10.8%, from $19.3B to $17.2B. Trade in Bar/rod, iron or non-alloy steel, indented or twisted, nes represent 0.073% of total world trade.

Bar/rod, iron or non-alloy steel, indented or twisted, nes are a part of Raw Iron Bars.

Exports In 2022 the top exporters of Bar/rod, iron or non-alloy steel, indented or twisted, nes  were Turkey ($3.99B), Italy ($915M), Vietnam ($848M), Malaysia ($796M), and United Arab Emirates ($664M).

Imports In 2022 the top importers of Bar/rod, iron or non-alloy steel, indented or twisted, nes were United States ($1.2B), Hong Kong ($1.17B), Israel ($887M), Germany ($814M), and Canada ($615M).

Ranking Bar/rod, iron or non-alloy steel, indented or twisted, nes ranks 4113th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bar/rod, iron or non-alloy steel, indented or twisted, 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.

Explore Latest Trends

* 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)Turkey$3.99B
Top Destination (2022)United States$1.2B

In 2022 Bar/rod, iron or non-alloy steel, indented or twisted, nes were the world's 198th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, iron or non-alloy steel, indented or twisted, nes were Turkey ($3.99B), Italy ($915M), Vietnam ($848M), Malaysia ($796M), and United Arab Emirates ($664M).

In 2022, the top importers of Bar/rod, iron or non-alloy steel, indented or twisted, nes were United States ($1.2B), Hong Kong ($1.17B), Israel ($887M), Germany ($814M), and Canada ($615M).

Explore Visualizations

Exporters of Bar/rod, iron or non-alloy steel, indented or twisted, nes (2022)
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Importers of Bar/rod, iron or non-alloy steel, indented or twisted, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Algeria$245M
Top Destination Growth (2021 -  2022)United States$336M

Between 2021 and 2022, the exports of Bar/rod, iron or non-alloy steel, indented or twisted, nes grew the fastest in Algeria ($245M), Vietnam ($221M), China ($163M), Poland ($150M), and United Arab Emirates ($150M).

Between 2021 and 2022, the fastest growing importers of Bar/rod, iron or non-alloy steel, indented or twisted, nes were United States ($336M), Germany ($241M), United Kingdom ($118M), Hong Kong ($115M), and Belgium ($78.9M).

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Exporters of Bar/rod, iron or non-alloy steel, indented or twisted, nes (2021 - 2022)

Importers of Bar/rod, iron or non-alloy steel, indented or twisted, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, iron or non-alloy steel, indented or twisted, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.9. This means that most of the exports of Bar/rod, iron or non-alloy steel, indented or twisted, nes are explained by 29 countries.

Explore Visualizations

Value of Exports in Bar/rod, iron or non-alloy steel, indented or twisted, nes

Net Trade

TOP NET EXPORTER (2022)Turkey$3.93B
TOP NET IMPORTER (2022)Hong Kong$1.13B

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

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, iron or non-alloy steel, indented or twisted, nes were Turkey ($3.93B), Italy ($885M), Vietnam ($838M), Malaysia ($767M), and Russia ($592M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, iron or non-alloy steel, indented or twisted, nes were Hong Kong ($1.13B), United States ($1.03B), Israel ($887M), Canada ($526M), and Singapore ($466M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bar/rod, iron or non-alloy steel, indented or twisted, nes.
It is possible to select the main countries that export or import Bar/rod, iron or non-alloy steel, indented or twisted, nes 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, indented or twisted, 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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