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722710 (Harmonized System 1992 for 6-digit)

2022
World Trade $132MRnk 3962 / 4648
2022
Top Exporter | Top Importer $82M | $63.1MSweden | France
2022
Product Complexity 0.27Rnk 2062 / 4653
2021 - 2022
Export Growth (CAGR) 18.7%Rnk 865 / 4648
2022
Share of World Trade 0.00056%Rnk 3962 / 4648

About

Overview This page contains the latest trade data of Bar/rod, of high speed steel, irregular coils. In 2022, Bar/rod, of high speed steel, irregular coils were the world's 3962nd most traded product, with a total trade of $132M. Between 2021 and 2022 the exports of Bar/rod, of high speed steel, irregular coils grew by 18.7%, from $111M to $132M. Trade in Bar/rod, of high speed steel, irregular coils represent 0.00056% of total world trade.

Bar/rod, of high speed steel, irregular coils are a part of Steel Bars.

Exports In 2022 the top exporters of Bar/rod, of high speed steel, irregular coils  were Sweden ($82M), Austria ($13.2M), Singapore ($10.7M), Ukraine ($5.95M), and Brazil ($4.84M).

Imports In 2022 the top importers of Bar/rod, of high speed steel, irregular coils were France ($63.1M), China ($20.5M), United States ($11.9M), New Zealand ($11.7M), and Mauritania ($4.5M).

Ranking Bar/rod, of high speed steel, irregular coils ranks 2062nd in the Product Complexity Index (PCI).

Description High-speed steel is used in applications where the steel needs to be both strong and hard. High-speed steel is usually used in items that need to resist wear. Iron is the most common metal in the production of high-speed steel. An example of a use for bar/rod is in the production of bearings. Irregular coils are used in the production of springs.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Bar/rod, of high speed steel, irregular 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)Sweden$82M
Top Destination (2022)France$63.1M

In 2022 Bar/rod, of high speed steel, irregular coils were the world's 3962nd most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, of high speed steel, irregular coils were Sweden ($82M), Austria ($13.2M), Singapore ($10.7M), Ukraine ($5.95M), and Brazil ($4.84M).

In 2022, the top importers of Bar/rod, of high speed steel, irregular coils were France ($63.1M), China ($20.5M), United States ($11.9M), New Zealand ($11.7M), and Mauritania ($4.5M).

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Exporters of Bar/rod, of high speed steel, irregular coils (2022)
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Importers of Bar/rod, of high speed steel, irregular coils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Sweden$18.7M
Top Destination Growth (2021 -  2022)France$14.9M

Between 2021 and 2022, the exports of Bar/rod, of high speed steel, irregular coils grew the fastest in Sweden ($18.7M), Ukraine ($3.87M), Japan ($3.8M), Brazil ($2.81M), and Malaysia ($939k).

Between 2021 and 2022, the fastest growing importers of Bar/rod, of high speed steel, irregular coils were France ($14.9M), China ($9.01M), United States ($2.2M), Netherlands ($1.3M), and Australia ($920k).

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Exporters of Bar/rod, of high speed steel, irregular coils (2021 - 2022)

Importers of Bar/rod, of high speed steel, irregular coils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, of high speed steel, irregular coils.

In 2022, market concentration measured using Shannon Entropy, was 2.13. This means that most of the exports of Bar/rod, of high speed steel, irregular coils are explained by 4 countries.

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Value of Exports in Bar/rod, of high speed steel, irregular coils

Net Trade

TOP NET EXPORTER (2022)Sweden$82M
TOP NET IMPORTER (2022)France$62.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, of high speed steel, irregular coils were Sweden ($82M), Austria ($13.2M), Singapore ($10.7M), Ukraine ($5.95M), and Brazil ($4.67M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, of high speed steel, irregular coils were France ($62.2M), China ($16.8M), New Zealand ($11.7M), United States ($10.3M), and Australia ($3.55M).

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

Top 10 Exporters Countries of Bar/rod, of high speed steel, irregular 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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