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Iron or steel threaded articles except screw, nut,bol

731819 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.37BRnk 1028 / 4644
2023
Top Exporter | Top Importer $916M | $309MChina | Germany
2023
Product Complexity 1.06Rnk 696 / 4656
2022 - 2023
Export Growth (CAGR) -3.31%Rnk 1893 / 4644
2023
Share of World Trade 0.015%Rnk 1028 / 4644

About

Overview This page contains the latest trade data of Iron or steel threaded articles except screw, nut,bol. In 2023, Iron or steel threaded articles except screw, nut,bol were the world's 1028th most traded product, with a total trade of $3.37B. Between 2022 and 2023 the exports of Iron or steel threaded articles except screw, nut,bol decreased by -3.31%, from $3.49B to $3.37B. Trade in Iron or steel threaded articles except screw, nut,bol represent 0.015% of total world trade.

Iron or steel threaded articles except screw, nut,bol are a part of Iron Fasteners.

Exports In 2023 the top exporters of Iron or steel threaded articles except screw, nut,bol  were China ($916M), Germany ($582M), United States ($299M), Italy ($145M), and Chinese Taipei ($135M).

Imports In 2023 the top importers of Iron or steel threaded articles except screw, nut,bol were Germany ($309M), France ($188M), United States ($170M), United Kingdom ($158M), and Italy ($149M).

Ranking Iron or steel threaded articles except screw, nut,bol ranks 696th in the Product Complexity Index (PCI).

Description Threaded articles are used in the plumbing and machine industries. They are also used in building structures, commercial, and residential, and in construction equipment, tanks, and boilers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron or steel threaded articles except screw, nut,bol. 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$916M
Top Destination (2023)Germany$309M

In 2023 Iron or steel threaded articles except screw, nut,bol were the world's 1028th most traded product (out of 4,644).

In 2023, the top exporters of Iron or steel threaded articles except screw, nut,bol were China ($916M), Germany ($582M), United States ($299M), Italy ($145M), and Chinese Taipei ($135M).

In 2023, the top importers of Iron or steel threaded articles except screw, nut,bol were Germany ($309M), France ($188M), United States ($170M), United Kingdom ($158M), and Italy ($149M).

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Exporters of Iron or steel threaded articles except screw, nut,bol (2023)
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Importers of Iron or steel threaded articles except screw, nut,bol (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$17M
Top Destination Growth (2022 -  2023)India$18.2M

Between 2022 and 2023, the exports of Iron or steel threaded articles except screw, nut,bol grew the fastest in Germany ($17M), Switzerland ($10.1M), United Kingdom ($8.95M), Poland ($8.48M), and Austria ($7.5M).

Between 2022 and 2023, the fastest growing importers of Iron or steel threaded articles except screw, nut,bol were India ($18.2M), Turkey ($13.2M), South Korea ($12.9M), Saudi Arabia ($11.8M), and Hong Kong ($9.39M).

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Exporters of Iron or steel threaded articles except screw, nut,bol (2022 - 2023)

Importers of Iron or steel threaded articles except screw, nut,bol (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron or steel threaded articles except screw, nut,bol.

In 2023, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Iron or steel threaded articles except screw, nut,bol are explained by 16 countries.

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Value of Exports in Iron or steel threaded articles except screw, nut,bol

Net Trade

TOP NET EXPORTER (2023)China$851M
TOP NET IMPORTER (2023)Mexico$108M

This map shows which countries export or import more of Iron or steel threaded articles except screw, nut,bol. Each country is colored based on the difference in exports and imports of Iron or steel threaded articles except screw, nut,bol during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron or steel threaded articles except screw, nut,bol were China ($851M), Germany ($273M), United States ($129M), Chinese Taipei ($116M), and Switzerland ($60.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron or steel threaded articles except screw, nut,bol were Mexico ($108M), United Kingdom ($83.8M), Canada ($61.4M), Russia ($61.1M), and Saudi Arabia ($60.7M).

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 Iron or steel threaded articles except screw, nut,bol.
It is possible to select the main countries that export or import Iron or steel threaded articles except screw, nut,bol in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron or steel threaded articles except screw, nut,bol 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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