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731581 (Harmonized System 1992 for 6-digit)

2022
World Trade $313MRnk 3368 / 4648
2022
Top Exporter | Top Importer $225M | $26.5MChina | Japan
2022
Product Complexity -0.36Rnk 3049 / 4653
2021 - 2022
Export Growth (CAGR) 27.8%Rnk 474 / 4648
2022
Share of World Trade 0.0013%Rnk 3368 / 4648

About

Overview This page contains the latest trade data of Chain, stud link, iron or steel. In 2022, Chain, stud link, iron or steel were the world's 3368th most traded product, with a total trade of $313M. Between 2021 and 2022 the exports of Chain, stud link, iron or steel grew by 27.8%, from $245M to $313M. Trade in Chain, stud link, iron or steel represent 0.0013% of total world trade.

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

Exports In 2022 the top exporters of Chain, stud link, iron or steel  were China ($225M), Netherlands ($11.1M), United States ($10.5M), Spain ($10M), and Norway ($9.09M).

Imports In 2022 the top importers of Chain, stud link, iron or steel were Japan ($26.5M), Netherlands ($20.7M), Singapore ($20.1M), Russia ($16.3M), and United States ($15.8M).

Ranking Chain, stud link, iron or steel ranks 3049th in the Product Complexity Index (PCI).

Description Chain is used in suspension bridges, as a means of lifting heavy loads, or for a variety of other purposes. Iron or steel is a metal alloy that is often used in large construction projects, and is often used to create nails, screws, nuts, bolts, and other fasteners. It is also used in machines and tools, and is a common material for many other uses.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Chain, stud link, iron or steel. 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$225M
Top Destination (2022)Japan$26.5M

In 2022 Chain, stud link, iron or steel were the world's 3368th most traded product (out of 4,648).

In 2022, the top exporters of Chain, stud link, iron or steel were China ($225M), Netherlands ($11.1M), United States ($10.5M), Spain ($10M), and Norway ($9.09M).

In 2022, the top importers of Chain, stud link, iron or steel were Japan ($26.5M), Netherlands ($20.7M), Singapore ($20.1M), Russia ($16.3M), and United States ($15.8M).

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

Color
Top Origin Growth (2021 -  2022)China$45.9M
Top Destination Growth (2021 -  2022)Russia$12.9M

Between 2021 and 2022, the exports of Chain, stud link, iron or steel grew the fastest in China ($45.9M), Spain ($8.5M), Norway ($6.57M), Netherlands ($4.45M), and Germany ($3.15M).

Between 2021 and 2022, the fastest growing importers of Chain, stud link, iron or steel were Russia ($12.9M), Singapore ($8.39M), Norway ($7.1M), Netherlands ($6.66M), and Indonesia ($6.04M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.06. This means that most of the exports of Chain, stud link, iron or steel are explained by 4 countries.

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Value of Exports in Chain, stud link, iron or steel

Net Trade

TOP NET EXPORTER (2022)China$220M
TOP NET IMPORTER (2022)Japan$24.1M

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

In 2022, the countries that had a largest trade value in exports than in imports of Chain, stud link, iron or steel were China ($220M), Spain ($5.96M), Italy ($3.37M), Sweden ($1.46M), and Austria ($597k).

In 2022, the countries that had a largest trade value in imports than in exports of Chain, stud link, iron or steel were Japan ($24.1M), Russia ($16.3M), Singapore ($14.1M), Indonesia ($11.6M), and Australia ($11.1M).

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

Top 10 Exporters Countries of Chain, stud link, iron or steel 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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