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731590 (Harmonized System 1992 for 6-digit)

2023
World Trade $326MRnk 3264 / 4644
2023
Top Exporter | Top Importer $76.2M | $57.1MChina | United States
2023
Product Complexity 1.11Rnk 608 / 4656
2022 - 2023
Export Growth (CAGR) -5.64%Rnk 2167 / 4644
2023
Share of World Trade 0.0014%Rnk 3264 / 4644

About

Overview This page contains the latest trade data of Chain parts, iron or steel, except articulated link. In 2023, Chain parts, iron or steel, except articulated link were the world's 3264th most traded product, with a total trade of $326M. Between 2022 and 2023 the exports of Chain parts, iron or steel, except articulated link decreased by -5.64%, from $345M to $326M. Trade in Chain parts, iron or steel, except articulated link represent 0.0014% of total world trade.

Chain parts, iron or steel, except articulated link are a part of Iron Chains.

Exports In 2023 the top exporters of Chain parts, iron or steel, except articulated link  were China ($76.2M), Germany ($51.2M), United States ($23M), Italy ($17.9M), and Indonesia ($16.9M).

Imports In 2023 the top importers of Chain parts, iron or steel, except articulated link were United States ($57.1M), Canada ($20M), Germany ($18.3M), United Kingdom ($15.5M), and Japan ($11.9M).

Ranking Chain parts, iron or steel, except articulated link ranks 608th in the Product Complexity Index (PCI).

Description The chain is used in a variety of ways, such as to create a chain mail shirt, to link and fasten together two or more objects with a chain, or to hold chain-link fences.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chain parts, iron or steel, except articulated link. 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$76.2M
Top Destination (2023)United States$57.1M

In 2023 Chain parts, iron or steel, except articulated link were the world's 3264th most traded product (out of 4,644).

In 2023, the top exporters of Chain parts, iron or steel, except articulated link were China ($76.2M), Germany ($51.2M), United States ($23M), Italy ($17.9M), and Indonesia ($16.9M).

In 2023, the top importers of Chain parts, iron or steel, except articulated link were United States ($57.1M), Canada ($20M), Germany ($18.3M), United Kingdom ($15.5M), and Japan ($11.9M).

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Exporters of Chain parts, iron or steel, except articulated link (2023)
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Importers of Chain parts, iron or steel, except articulated link (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$8.49M
Top Destination Growth (2022 -  2023)United States$10.6M

Between 2022 and 2023, the exports of Chain parts, iron or steel, except articulated link grew the fastest in Spain ($8.49M), Germany ($5.46M), Ireland ($1.98M), Norway ($1.91M), and Latvia ($1.82M).

Between 2022 and 2023, the fastest growing importers of Chain parts, iron or steel, except articulated link were United States ($10.6M), Indonesia ($4.06M), Nigeria ($2.95M), Lithuania ($2.25M), and Thailand ($2.2M).

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Exporters of Chain parts, iron or steel, except articulated link (2022 - 2023)

Importers of Chain parts, iron or steel, except articulated link (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Chain parts, iron or steel, except articulated link.

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Chain parts, iron or steel, except articulated link are explained by 18 countries.

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Value of Exports in Chain parts, iron or steel, except articulated link

Net Trade

TOP NET EXPORTER (2023)China$64.4M
TOP NET IMPORTER (2023)United States$34.1M

This map shows which countries export or import more of Chain parts, iron or steel, except articulated link. Each country is colored based on the difference in exports and imports of Chain parts, iron or steel, except articulated link during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Chain parts, iron or steel, except articulated link were China ($64.4M), Germany ($32.9M), Italy ($15.5M), Spain ($9.27M), and Chinese Taipei ($7.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Chain parts, iron or steel, except articulated link were United States ($34.1M), Canada ($16.1M), Thailand ($11.1M), Chile ($7.28M), and United Kingdom ($6.3M).

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

Top 10 Exporters Countries of Chain parts, iron or steel, except articulated link 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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