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732599 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.77BRnk 943 / 4644
2023
Top Exporter | Top Importer $767M | $436MChina | Germany
2023
Product Complexity 0.46Rnk 1735 / 4656
2022 - 2023
Export Growth (CAGR) -5.18%Rnk 2123 / 4644
2023
Share of World Trade 0.017%Rnk 943 / 4644

About

Overview This page contains the latest trade data of Cast articles of iron or steel, nes. In 2023, Cast articles of iron or steel, nes were the world's 943rd most traded product, with a total trade of $3.77B. Between 2022 and 2023 the exports of Cast articles of iron or steel, nes decreased by -5.18%, from $3.97B to $3.77B. Trade in Cast articles of iron or steel, nes represent 0.017% of total world trade.

Cast articles of iron or steel, nes are a part of Other Cast Iron Products.

Exports In 2023 the top exporters of Cast articles of iron or steel, nes  were China ($767M), India ($502M), Germany ($304M), Turkey ($248M), and France ($190M).

Imports In 2023 the top importers of Cast articles of iron or steel, nes were Germany ($436M), Italy ($379M), United States ($334M), United Kingdom ($187M), and France ($176M).

Ranking Cast articles of iron or steel, nes ranks 1735th in the Product Complexity Index (PCI).

Description Cast iron is the most common form of industrial metal that is made into cast articles. Cast iron is commonly used in pipes, metal parts for machinery, and metal machinery. Cast iron is also used for structural steel in buildings, bridges, and machines such as the cast iron cook stove.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cast articles of iron or steel, nes. 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$767M
Top Destination (2023)Germany$436M

In 2023 Cast articles of iron or steel, nes were the world's 943rd most traded product (out of 4,644).

In 2023, the top exporters of Cast articles of iron or steel, nes were China ($767M), India ($502M), Germany ($304M), Turkey ($248M), and France ($190M).

In 2023, the top importers of Cast articles of iron or steel, nes were Germany ($436M), Italy ($379M), United States ($334M), United Kingdom ($187M), and France ($176M).

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Exporters of Cast articles of iron or steel, nes (2023)
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Importers of Cast articles of iron or steel, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$33.1M
Top Destination Growth (2022 -  2023)United States$83.6M

Between 2022 and 2023, the exports of Cast articles of iron or steel, nes grew the fastest in United Kingdom ($33.1M), Spain ($24.9M), Romania ($18.6M), Indonesia ($17.5M), and India ($8.74M).

Between 2022 and 2023, the fastest growing importers of Cast articles of iron or steel, nes were United States ($83.6M), Netherlands ($26.1M), Kazakhstan ($16.9M), Slovakia ($16M), and Singapore ($12.3M).

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Exporters of Cast articles of iron or steel, nes (2022 - 2023)

Importers of Cast articles of iron or steel, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cast articles of iron or steel, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Cast articles of iron or steel, nes are explained by 21 countries.

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Value of Exports in Cast articles of iron or steel, nes

Net Trade

TOP NET EXPORTER (2023)China$728M
TOP NET IMPORTER (2023)United States$219M

This map shows which countries export or import more of Cast articles of iron or steel, nes. Each country is colored based on the difference in exports and imports of Cast articles of iron or steel, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cast articles of iron or steel, nes were China ($728M), India ($436M), Turkey ($231M), Czechia ($71.2M), and Spain ($70.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Cast articles of iron or steel, nes were United States ($219M), Italy ($194M), Germany ($131M), United Kingdom ($90.8M), and Netherlands ($62.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Cast articles of iron or steel, nes.
It is possible to select the main countries that export or import Cast articles of iron or steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cast articles of iron or steel, nes 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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