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722820 (Harmonized System 1992 for 6-digit)

2023
World Trade $313MRnk 3299 / 4644
2023
Top Exporter | Top Importer $75.8M | $60.1MChina | Philippines
2023
Product Complexity 0.1Rnk 2377 / 4656
2022 - 2023
Export Growth (CAGR) -7.48%Rnk 2419 / 4644
2023
Share of World Trade 0.0014%Rnk 3299 / 4644

About

Overview This page contains the latest trade data of Bar/rod of silico-manganese steel not in coils. In 2023, Bar/rod of silico-manganese steel not in coils were the world's 3299th most traded product, with a total trade of $313M. Between 2022 and 2023 the exports of Bar/rod of silico-manganese steel not in coils decreased by -7.48%, from $338M to $313M. Trade in Bar/rod of silico-manganese steel not in coils represent 0.0014% of total world trade.

Bar/rod of silico-manganese steel not in coils are a part of Other Steel Bars.

Exports In 2023 the top exporters of Bar/rod of silico-manganese steel not in coils  were China ($75.8M), Germany ($67.6M), Japan ($41.2M), Russia ($34.7M), and Italy ($32.1M).

Imports In 2023 the top importers of Bar/rod of silico-manganese steel not in coils were Philippines ($60.1M), France ($32.8M), Spain ($30.7M), Indonesia ($21.1M), and Uzbekistan ($20.6M).

Ranking Bar/rod of silico-manganese steel not in coils ranks 2377th in the Product Complexity Index (PCI).

Description Bar/rod of silico-manganese steel not in coils is used to make automobiles, air conditioners, and washing machines.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bar/rod of silico-manganese 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$75.8M
Top Destination (2023)Philippines$60.1M

In 2023 Bar/rod of silico-manganese steel not in coils were the world's 3299th most traded product (out of 4,644).

In 2023, the top exporters of Bar/rod of silico-manganese steel not in coils were China ($75.8M), Germany ($67.6M), Japan ($41.2M), Russia ($34.7M), and Italy ($32.1M).

In 2023, the top importers of Bar/rod of silico-manganese steel not in coils were Philippines ($60.1M), France ($32.8M), Spain ($30.7M), Indonesia ($21.1M), and Uzbekistan ($20.6M).

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Exporters of Bar/rod of silico-manganese steel not in coils (2023)
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Importers of Bar/rod of silico-manganese steel not in coils (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$35.6M
Top Destination Growth (2022 -  2023)Philippines$38.5M

Between 2022 and 2023, the exports of Bar/rod of silico-manganese steel not in coils grew the fastest in China ($35.6M), Japan ($8.76M), Latvia ($1.42M), Finland ($1.25M), and Kyrgyzstan ($940k).

Between 2022 and 2023, the fastest growing importers of Bar/rod of silico-manganese steel not in coils were Philippines ($38.5M), Mexico ($9.58M), Uzbekistan ($6.06M), United States ($3.48M), and Indonesia ($3.44M).

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Exporters of Bar/rod of silico-manganese steel not in coils (2022 - 2023)

Importers of Bar/rod of silico-manganese steel not in coils (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod of silico-manganese steel not in coils.

In 2023, market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Bar/rod of silico-manganese steel not in coils are explained by 9 countries.

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Value of Exports in Bar/rod of silico-manganese steel not in coils

Net Trade

TOP NET EXPORTER (2023)China$70.8M
TOP NET IMPORTER (2023)Spain$29.9M

This map shows which countries export or import more of Bar/rod of silico-manganese steel not in coils. Each country is colored based on the difference in exports and imports of Bar/rod of silico-manganese 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 silico-manganese steel not in coils were China ($70.8M), Germany ($53.6M), Japan ($38.3M), Russia ($34.3M), and Italy ($30.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Bar/rod of silico-manganese steel not in coils were Spain ($29.9M), Indonesia ($21.1M), Uzbekistan ($20.3M), France ($19.6M), and Mexico ($19M).

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 silico-manganese steel not in coils.
It is possible to select the main countries that export or import Bar/rod of silico-manganese 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 silico-manganese 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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