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721350 (Harmonized System 1992 for 6-digit)

2022
World Trade $35.4MRnk 4407 / 4648
2022
Top Exporter | Top Importer $24.5M | $24.5MPalestine | Israel
2022
Product Complexity 1.15Rnk 565 / 4653
2021 - 2022
Export Growth (CAGR) 29.1k%Rnk 3 / 4648
2022
Share of World Trade 0.00015%Rnk 4407 / 4648

About

Overview This page contains the latest trade data of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes. In 2022, Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were the world's 4407th most traded product, with a total trade of $35.4M. Between 2021 and 2022 the exports of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes grew by 29.1k%, from $121k to $35.4M. Trade in Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes represent 0.00015% of total world trade.

Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes are a part of Hot-Rolled Iron Bars.

Exports In 2022 the top exporters of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes  were Palestine ($24.5M), Israel ($10.9M), Turkey ($7.17k), Dominican Republic ($1.87k), and Italy ($315).

Imports In 2022 the top importers of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were Israel ($24.5M), Palestine ($10.9M), Antigua and Barbuda ($2.18k), and Sao Tome and Principe ($28).

Ranking Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes ranks 565th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, 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)Palestine$24.5M
Top Destination (2022)Israel$24.5M

In 2022 Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were the world's 4407th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were Palestine ($24.5M), Israel ($10.9M), Turkey ($7.17k), Dominican Republic ($1.87k), and Italy ($315).

In 2022, the top importers of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were Israel ($24.5M), Palestine ($10.9M), Antigua and Barbuda ($2.18k), and Sao Tome and Principe ($28).

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Exporters of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes (2022)
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Importers of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Palestine$24.5M
Top Destination Growth (2021 -  2022)Israel$24.5M

Between 2021 and 2022, the exports of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes grew the fastest in Palestine ($24.5M), Israel ($10.9M), Turkey ($7.17k), Dominican Republic ($1.87k), and Italy ($315).

Between 2021 and 2022, the fastest growing importers of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were Israel ($24.5M) and Palestine ($10.9M).

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Exporters of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes (2021 - 2022)

Importers of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, 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, irregular coils, >0.6%C, nes.

In 2022, market concentration measured using Shannon Entropy, was 0.89. This means that most of the exports of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes are explained by 1 countries.

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Value of Exports in Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes

Net Trade

TOP NET EXPORTER (2022)Palestine$13.6M
TOP NET IMPORTER (2022)Israel$13.6M

This map shows which countries export or import more of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes. Each country is colored based on the difference in exports and imports of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, 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, irregular coils, >0.6%C, nes were Palestine ($13.6M), Turkey ($7.17k), Dominican Republic ($1.87k), Italy ($315), and Portugal ($28).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, nes were Israel ($13.6M).

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, iron or non-alloy steel, irregular coils, >0.6%C, nes.
It is possible to select the main countries that export or import Bar/rod, iron or non-alloy steel, irregular coils, >0.6%C, 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, irregular coils, >0.6%C, 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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