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722810 (Harmonized System 1992 for 6-digit)

2023
World Trade $761MRnk 2416 / 4644
2023
Top Exporter | Top Importer $156M | $116MChina | United States
2023
Product Complexity 1.06Rnk 704 / 4656
2022 - 2023
Export Growth (CAGR) -0.34%Rnk 1591 / 4644
2023
Share of World Trade 0.0034%Rnk 2416 / 4644

About

Overview This page contains the latest trade data of Bar/rod of high speed steel not in coils. In 2023, Bar/rod of high speed steel not in coils were the world's 2416th most traded product, with a total trade of $761M. Between 2022 and 2023 the exports of Bar/rod of high speed steel not in coils decreased by -0.34%, from $764M to $761M. Trade in Bar/rod of high speed steel not in coils represent 0.0034% of total world trade.

Bar/rod of high speed steel not in coils are a part of Other Steel Bars.

Exports In 2023 the top exporters of Bar/rod of high speed steel not in coils  were China ($156M), Austria ($129M), France ($114M), Sweden ($77.3M), and Singapore ($52.4M).

Imports In 2023 the top importers of Bar/rod of high speed steel not in coils were United States ($116M), Germany ($112M), China ($48.5M), Brunei ($46.5M), and Chinese Taipei ($35.6M).

Ranking Bar/rod of high speed steel not in coils ranks 704th in the Product Complexity Index (PCI).

Description The common uses for bar/rod of high speed steel not in coils are cutting, abrading, boring, shaping, slicing, and wire drawing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar/rod of high speed steel not in 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 (2023)China$156M
Top Destination (2023)United States$116M

In 2023 Bar/rod of high speed steel not in coils were the world's 2416th most traded product (out of 4,644).

In 2023, the top exporters of Bar/rod of high speed steel not in coils were China ($156M), Austria ($129M), France ($114M), Sweden ($77.3M), and Singapore ($52.4M).

In 2023, the top importers of Bar/rod of high speed steel not in coils were United States ($116M), Germany ($112M), China ($48.5M), Brunei ($46.5M), and Chinese Taipei ($35.6M).

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Exporters of Bar/rod of high speed steel not in coils (2023)
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Importers of Bar/rod of high speed steel not in coils (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$44.6M
Top Destination Growth (2022 -  2023)Brunei$40.3M

Between 2022 and 2023, the exports of Bar/rod of high speed steel not in coils grew the fastest in Singapore ($44.6M), China ($5.84M), Brazil ($3.29M), India ($2.7M), and Spain ($2.44M).

Between 2022 and 2023, the fastest growing importers of Bar/rod of high speed steel not in coils were Brunei ($40.3M), United States ($30.6M), Russia ($6.73M), Turkey ($4.29M), and United Arab Emirates ($4.01M).

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Exporters of Bar/rod of high speed steel not in coils (2022 - 2023)

Importers of Bar/rod of high speed steel not in coils (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod of high speed steel not in coils.

In 2023, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Bar/rod of high speed steel not in coils are explained by 12 countries.

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Value of Exports in Bar/rod of high speed steel not in coils

Net Trade

TOP NET EXPORTER (2023)Austria$124M
TOP NET IMPORTER (2023)United States$98.3M

This map shows which countries export or import more of Bar/rod of high speed steel not in coils. Each country is colored based on the difference in exports and imports of Bar/rod of high speed steel not in coils during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bar/rod of high speed steel not in coils were Austria ($124M), China ($108M), France ($84.1M), Sweden ($75.6M), and Singapore ($39.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Bar/rod of high speed steel not in coils were United States ($98.3M), Germany ($71.3M), South Korea ($29.3M), Chinese Taipei ($23.1M), and Italy ($20M).

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 of high speed steel not in coils.
It is possible to select the main countries that export or import Bar/rod of high speed steel not in 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 not in 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 (2023)

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