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721810 (Harmonized System 1992 for 6-digit)

2023
World Trade $398MRnk 3070 / 4644
2023
Top Exporter | Top Importer $87.6M | $63.9MFrance | Belgium
2023
Product Complexity -0.24Rnk 2896 / 4656
2022 - 2023
Export Growth (CAGR) 27.8%Rnk 171 / 4644
2023
Share of World Trade 0.0018%Rnk 3070 / 4644

About

Overview This page contains the latest trade data of Ingots and other primary forms, stainless steel. In 2023, Ingots and other primary forms, stainless steel were the world's 3070th most traded product, with a total trade of $398M. Between 2022 and 2023 the exports of Ingots and other primary forms, stainless steel grew by 27.8%, from $311M to $398M. Trade in Ingots and other primary forms, stainless steel represent 0.0018% of total world trade.

Ingots and other primary forms, stainless steel are a part of Stainless Steel Ingots.

Exports In 2023 the top exporters of Ingots and other primary forms, stainless steel  were France ($87.6M), Italy ($62.6M), United States ($50.5M), Canada ($44.8M), and Netherlands ($18.6M).

Imports In 2023 the top importers of Ingots and other primary forms, stainless steel were Belgium ($63.9M), United States ($61.3M), China ($31.1M), Germany ($25.2M), and Portugal ($24.5M).

Ranking Ingots and other primary forms, stainless steel ranks 2896th in the Product Complexity Index (PCI).

Description Primary forms are the first shape that is made from a given material. Ingots are pieces of metal that are heated and forged into a rough shape before being worked further into a finished product, such as a flat, rectangular bar.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ingots and other primary forms, stainless 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 (2023)France$87.6M
Top Destination (2023)Belgium$63.9M

In 2023 Ingots and other primary forms, stainless steel were the world's 3070th most traded product (out of 4,644).

In 2023, the top exporters of Ingots and other primary forms, stainless steel were France ($87.6M), Italy ($62.6M), United States ($50.5M), Canada ($44.8M), and Netherlands ($18.6M).

In 2023, the top importers of Ingots and other primary forms, stainless steel were Belgium ($63.9M), United States ($61.3M), China ($31.1M), Germany ($25.2M), and Portugal ($24.5M).

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Exporters of Ingots and other primary forms, stainless steel (2023)
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Importers of Ingots and other primary forms, stainless steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$40.7M
Top Destination Growth (2022 -  2023)Belgium$31.4M

Between 2022 and 2023, the exports of Ingots and other primary forms, stainless steel grew the fastest in Italy ($40.7M), France ($38.9M), Netherlands ($15.1M), Canada ($12.1M), and United Arab Emirates ($8.3M).

Between 2022 and 2023, the fastest growing importers of Ingots and other primary forms, stainless steel were Belgium ($31.4M), United States ($12.3M), Austria ($10.7M), Germany ($9.82M), and China ($9.78M).

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Exporters of Ingots and other primary forms, stainless steel (2022 - 2023)

Importers of Ingots and other primary forms, stainless steel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ingots and other primary forms, stainless steel.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Ingots and other primary forms, stainless steel are explained by 14 countries.

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Value of Exports in Ingots and other primary forms, stainless steel

Net Trade

TOP NET EXPORTER (2023)France$78.2M
TOP NET IMPORTER (2023)Belgium$63.3M

This map shows which countries export or import more of Ingots and other primary forms, stainless steel. Each country is colored based on the difference in exports and imports of Ingots and other primary forms, stainless steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ingots and other primary forms, stainless steel were France ($78.2M), Italy ($46.4M), Canada ($28.6M), United Arab Emirates ($7.98M), and Australia ($5.98M).

In 2023, the countries that had a largest trade value in imports than in exports of Ingots and other primary forms, stainless steel were Belgium ($63.3M), China ($27.5M), Portugal ($20.2M), Finland ($11.1M), and United States ($10.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Ingots and other primary forms, stainless steel.
It is possible to select the main countries that export or import Ingots and other primary forms, stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ingots and other primary forms, stainless 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 (2023)

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