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731021 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.02BRnk 1151 / 4648
2022
Top Exporter | Top Importer $494M | $268MChina | Netherlands
2022
Product Complexity -0.13Rnk 2709 / 4653
2021 - 2022
Export Growth (CAGR) 14.7%Rnk 1141 / 4648
2022
Share of World Trade 0.013%Rnk 1151 / 4648

About

Overview This page contains the latest trade data of Cans, iron/steel, capacity <50l closed by crimp/solde. In 2022, Cans, iron/steel, capacity <50l closed by crimp/solde were the world's 1151st most traded product, with a total trade of $3.02B. Between 2021 and 2022 the exports of Cans, iron/steel, capacity <50l closed by crimp/solde grew by 14.7%, from $2.64B to $3.02B. Trade in Cans, iron/steel, capacity <50l closed by crimp/solde represent 0.013% of total world trade.

Cans, iron/steel, capacity <50l closed by crimp/solde are a part of Small Iron Containers.

Exports In 2022 the top exporters of Cans, iron/steel, capacity <50l closed by crimp/solde  were China ($494M), Spain ($337M), United States ($242M), Germany ($227M), and Netherlands ($184M).

Imports In 2022 the top importers of Cans, iron/steel, capacity <50l closed by crimp/solde were Netherlands ($268M), France ($266M), Belgium ($253M), Canada ($244M), and Germany ($228M).

Ranking Cans, iron/steel, capacity <50l closed by crimp/solde ranks 2709th in the Product Complexity Index (PCI).

Description Cans are commonly used for food products such as soup, vegetables, beans, and fruit. Iron or steel is used for heavy duty containers for food products. These containers are used when a product is at risk of contamination. Capacity is capped at 50 liters for closed containers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cans, iron/steel, capacity <50l closed by crimp/solde. 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$494M
Top Destination (2022)Netherlands$268M

In 2022 Cans, iron/steel, capacity <50l closed by crimp/solde were the world's 1151st most traded product (out of 4,648).

In 2022, the top exporters of Cans, iron/steel, capacity <50l closed by crimp/solde were China ($494M), Spain ($337M), United States ($242M), Germany ($227M), and Netherlands ($184M).

In 2022, the top importers of Cans, iron/steel, capacity <50l closed by crimp/solde were Netherlands ($268M), France ($266M), Belgium ($253M), Canada ($244M), and Germany ($228M).

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Exporters of Cans, iron/steel, capacity <50l closed by crimp/solde (2022)
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Importers of Cans, iron/steel, capacity <50l closed by crimp/solde (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$64.7M
Top Destination Growth (2021 -  2022)Netherlands$78.5M

Between 2021 and 2022, the exports of Cans, iron/steel, capacity <50l closed by crimp/solde grew the fastest in Belgium ($64.7M), United States ($44.7M), France ($39.5M), Spain ($37.5M), and Turkey ($37.4M).

Between 2021 and 2022, the fastest growing importers of Cans, iron/steel, capacity <50l closed by crimp/solde were Netherlands ($78.5M), Belgium ($44M), France ($33.4M), Canada ($31.2M), and Malaysia ($21.6M).

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Exporters of Cans, iron/steel, capacity <50l closed by crimp/solde (2021 - 2022)

Importers of Cans, iron/steel, capacity <50l closed by crimp/solde (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cans, iron/steel, capacity <50l closed by crimp/solde.

In 2022, market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Cans, iron/steel, capacity <50l closed by crimp/solde are explained by 24 countries.

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Value of Exports in Cans, iron/steel, capacity <50l closed by crimp/solde

Net Trade

TOP NET EXPORTER (2022)China$489M
TOP NET IMPORTER (2022)Canada$235M

This map shows which countries export or import more of Cans, iron/steel, capacity <50l closed by crimp/solde. Each country is colored based on the difference in exports and imports of Cans, iron/steel, capacity <50l closed by crimp/solde during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cans, iron/steel, capacity <50l closed by crimp/solde were China ($489M), Spain ($318M), Turkey ($157M), Italy ($102M), and United States ($63.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Cans, iron/steel, capacity <50l closed by crimp/solde were Canada ($235M), Belgium ($173M), France ($99.6M), Netherlands ($83.6M), and Portugal ($81.9M).

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 Cans, iron/steel, capacity <50l closed by crimp/solde.
It is possible to select the main countries that export or import Cans, iron/steel, capacity <50l closed by crimp/solde in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cans, iron/steel, capacity <50l closed by crimp/solde 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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