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831190 (Harmonized System 1992 for 6-digit)

2022
World Trade $572MRnk 2791 / 4648
2022
Top Exporter | Top Importer $78.8M | $53.7MChina | Mexico
2022
Product Complexity 0.14Rnk 2297 / 4653
2021 - 2022
Export Growth (CAGR) 8.98%Rnk 1726 / 4648
2022
Share of World Trade 0.0024%Rnk 2791 / 4648

About

Overview This page contains the latest trade data of Electrodes etc of base metal or metal carbide, nes. In 2022, Electrodes etc of base metal or metal carbide, nes were the world's 2791st most traded product, with a total trade of $572M. Between 2021 and 2022 the exports of Electrodes etc of base metal or metal carbide, nes grew by 8.98%, from $525M to $572M. Trade in Electrodes etc of base metal or metal carbide, nes represent 0.0024% of total world trade.

Electrodes etc of base metal or metal carbide, nes are a part of Coated Metal Soldering Products.

Exports In 2022 the top exporters of Electrodes etc of base metal or metal carbide, nes  were China ($78.8M), United States ($71.5M), Italy ($55.4M), Japan ($26.8M), and Poland ($26M).

Imports In 2022 the top importers of Electrodes etc of base metal or metal carbide, nes were Mexico ($53.7M), Germany ($51.5M), United States ($50.2M), Netherlands ($23.8M), and China ($23.5M).

Ranking Electrodes etc of base metal or metal carbide, nes ranks 2297th in the Product Complexity Index (PCI).

Description A metal carbide electrode is made up of a metal and a carbide. It is typically used in an arc welding process. The arc melts the metal and the carbide is added to the weld pool. The heat from the arc melts the metal and the carbide together in the weld pool, to create a weld.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electrodes etc of base metal or metal carbide, 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$78.8M
Top Destination (2022)Mexico$53.7M

In 2022 Electrodes etc of base metal or metal carbide, nes were the world's 2791st most traded product (out of 4,648).

In 2022, the top exporters of Electrodes etc of base metal or metal carbide, nes were China ($78.8M), United States ($71.5M), Italy ($55.4M), Japan ($26.8M), and Poland ($26M).

In 2022, the top importers of Electrodes etc of base metal or metal carbide, nes were Mexico ($53.7M), Germany ($51.5M), United States ($50.2M), Netherlands ($23.8M), and China ($23.5M).

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Exporters of Electrodes etc of base metal or metal carbide, nes (2022)
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Importers of Electrodes etc of base metal or metal carbide, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$22.7M
Top Destination Growth (2021 -  2022)Mexico$14.6M

Between 2021 and 2022, the exports of Electrodes etc of base metal or metal carbide, nes grew the fastest in China ($22.7M), United States ($9.51M), Chinese Taipei ($5.73M), Italy ($5.48M), and Netherlands ($2.95M).

Between 2021 and 2022, the fastest growing importers of Electrodes etc of base metal or metal carbide, nes were Mexico ($14.6M), Netherlands ($11.3M), Germany ($8.17M), Thailand ($7.65M), and Singapore ($6.95M).

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Exporters of Electrodes etc of base metal or metal carbide, nes (2021 - 2022)

Importers of Electrodes etc of base metal or metal carbide, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrodes etc of base metal or metal carbide, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Electrodes etc of base metal or metal carbide, nes are explained by 26 countries.

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Value of Exports in Electrodes etc of base metal or metal carbide, nes

Net Trade

TOP NET EXPORTER (2022)China$55.3M
TOP NET IMPORTER (2022)Mexico$45.4M

This map shows which countries export or import more of Electrodes etc of base metal or metal carbide, nes. Each country is colored based on the difference in exports and imports of Electrodes etc of base metal or metal carbide, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrodes etc of base metal or metal carbide, nes were China ($55.3M), Italy ($45.4M), Chinese Taipei ($21.9M), United States ($21.3M), and Poland ($16.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrodes etc of base metal or metal carbide, nes were Mexico ($45.4M), Germany ($32.6M), Indonesia ($10.2M), Czechia ($9.82M), and Philippines ($9.5M).

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 Electrodes etc of base metal or metal carbide, nes.
It is possible to select the main countries that export or import Electrodes etc of base metal or metal carbide, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrodes etc of base metal or metal carbide, 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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