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722720 (Harmonized System 1992 for 6-digit)

2022
World Trade $467MRnk 2998 / 4648
2022
Top Exporter | Top Importer $109M | $104MChina | United States
2022
Product Complexity 0.77Rnk 1155 / 4653
2021 - 2022
Export Growth (CAGR) -7.13%Rnk 3760 / 4648
2022
Share of World Trade 0.002%Rnk 2998 / 4648

About

Overview This page contains the latest trade data of Bar/rod, of silico-manganese steel, irregular coils. In 2022, Bar/rod, of silico-manganese steel, irregular coils were the world's 2998th most traded product, with a total trade of $467M. Between 2021 and 2022 the exports of Bar/rod, of silico-manganese steel, irregular coils decreased by -7.13%, from $503M to $467M. Trade in Bar/rod, of silico-manganese steel, irregular coils represent 0.002% of total world trade.

Bar/rod, of silico-manganese steel, irregular coils are a part of Steel Bars.

Exports In 2022 the top exporters of Bar/rod, of silico-manganese steel, irregular coils  were China ($109M), Japan ($79M), Germany ($71.8M), Canada ($58M), and Vietnam ($42.8M).

Imports In 2022 the top importers of Bar/rod, of silico-manganese steel, irregular coils were United States ($104M), Malaysia ($44.6M), Italy ($42.5M), Indonesia ($36.6M), and Vietnam ($30.9M).

Ranking Bar/rod, of silico-manganese steel, irregular coils ranks 1155th in the Product Complexity Index (PCI).

Description Bar/rod, silico-manganese steel, irregular coils are used in construction and in the production of electrical and mechanical products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bar/rod, of silico-manganese 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)China$109M
Top Destination (2022)United States$104M

In 2022 Bar/rod, of silico-manganese steel, irregular coils were the world's 2998th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, of silico-manganese steel, irregular coils were China ($109M), Japan ($79M), Germany ($71.8M), Canada ($58M), and Vietnam ($42.8M).

In 2022, the top importers of Bar/rod, of silico-manganese steel, irregular coils were United States ($104M), Malaysia ($44.6M), Italy ($42.5M), Indonesia ($36.6M), and Vietnam ($30.9M).

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Exporters of Bar/rod, of silico-manganese steel, irregular coils (2022)
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Importers of Bar/rod, of silico-manganese steel, irregular coils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$7.99M
Top Destination Growth (2021 -  2022)United States$15.5M

Between 2021 and 2022, the exports of Bar/rod, of silico-manganese steel, irregular coils grew the fastest in Austria ($7.99M), Turkey ($6.06M), United Arab Emirates ($4.18M), South Korea ($2.6M), and Hong Kong ($1.29M).

Between 2021 and 2022, the fastest growing importers of Bar/rod, of silico-manganese steel, irregular coils were United States ($15.5M), Japan ($7.69M), Indonesia ($5.2M), Vietnam ($4.55M), and Sweden ($4.46M).

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Exporters of Bar/rod, of silico-manganese steel, irregular coils (2021 - 2022)

Importers of Bar/rod, of silico-manganese steel, irregular coils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, of silico-manganese steel, irregular coils.

In 2022, market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Bar/rod, of silico-manganese steel, irregular coils are explained by 9 countries.

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Value of Exports in Bar/rod, of silico-manganese steel, irregular coils

Net Trade

TOP NET EXPORTER (2022)China$88.1M
TOP NET IMPORTER (2022)United States$103M

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

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, of silico-manganese steel, irregular coils were China ($88.1M), Japan ($65.9M), Germany ($59.3M), Canada ($52.9M), and Russia ($17.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, of silico-manganese steel, irregular coils were United States ($103M), Malaysia ($42.8M), Italy ($40.6M), Indonesia ($36M), and Chinese Taipei ($24.4M).

Net Trade (2022)

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 silico-manganese steel, irregular coils.
It is possible to select the main countries that export or import Bar/rod, of silico-manganese 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 silico-manganese 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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