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731589 (Harmonized System 1992 for 6-digit)

2022
World Trade $447MRnk 3036 / 4648
2022
Top Exporter | Top Importer $190M | $42.4MChina | United States
2022
Product Complexity 0.14Rnk 2296 / 4653
2021 - 2022
Export Growth (CAGR) 10.9%Rnk 1516 / 4648
2022
Share of World Trade 0.0019%Rnk 3036 / 4648

About

Overview This page contains the latest trade data of Chain, iron or steel, nes. In 2022, Chain, iron or steel, nes were the world's 3036th most traded product, with a total trade of $447M. Between 2021 and 2022 the exports of Chain, iron or steel, nes grew by 10.9%, from $403M to $447M. Trade in Chain, iron or steel, nes represent 0.0019% of total world trade.

Chain, iron or steel, nes are a part of Iron Chains.

Exports In 2022 the top exporters of Chain, iron or steel, nes  were China ($190M), Italy ($36.3M), Germany ($26.3M), United States ($25.4M), and Turkey ($17M).

Imports In 2022 the top importers of Chain, iron or steel, nes were United States ($42.4M), Germany ($26.5M), Canada ($21.6M), France ($20.6M), and United Kingdom ($18.8M).

Ranking Chain, iron or steel, nes ranks 2296th in the Product Complexity Index (PCI).

Description Chain is strong and flexible, and can be used for a variety of purposes. Most commonly, it is used for lifting, pulling, and in construction. Iron or steel is strong and flexible as well, and is most commonly used for structural purposes or for manufacturing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chain, 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 (2022)China$190M
Top Destination (2022)United States$42.4M

In 2022 Chain, iron or steel, nes were the world's 3036th most traded product (out of 4,648).

In 2022, the top exporters of Chain, iron or steel, nes were China ($190M), Italy ($36.3M), Germany ($26.3M), United States ($25.4M), and Turkey ($17M).

In 2022, the top importers of Chain, iron or steel, nes were United States ($42.4M), Germany ($26.5M), Canada ($21.6M), France ($20.6M), and United Kingdom ($18.8M).

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Exporters of Chain, iron or steel, nes (2022)
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Importers of Chain, iron or steel, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$44.9M
Top Destination Growth (2021 -  2022)Brazil$3.95M

Between 2021 and 2022, the exports of Chain, iron or steel, nes grew the fastest in China ($44.9M), Chinese Taipei ($2.9M), Turkey ($2.85M), Italy ($2.68M), and Norway ($2.06M).

Between 2021 and 2022, the fastest growing importers of Chain, iron or steel, nes were Brazil ($3.95M), United Kingdom ($3.8M), Austria ($3.51M), United States ($2.78M), and Spain ($2.08M).

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Exporters of Chain, iron or steel, nes (2021 - 2022)

Importers of Chain, iron or steel, nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Chain, iron or steel, nes are explained by 12 countries.

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Value of Exports in Chain, iron or steel, nes

Net Trade

TOP NET EXPORTER (2022)China$185M
TOP NET IMPORTER (2022)United States$17M

This map shows which countries export or import more of Chain, iron or steel, nes. Each country is colored based on the difference in exports and imports of Chain, iron or steel, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Chain, iron or steel, nes were China ($185M), Italy ($24.2M), Turkey ($10.4M), Chinese Taipei ($7.01M), and Serbia ($2.55M).

In 2022, the countries that had a largest trade value in imports than in exports of Chain, iron or steel, nes were United States ($17M), Canada ($14.1M), United Kingdom ($13M), France ($10.9M), and Mexico ($8.59M).

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 Chain, iron or steel, nes.
It is possible to select the main countries that export or import Chain, iron or steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Chain, 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 (2022)

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