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721720 (Harmonized System 1996 for 6-digit)

2022
World Trade $3.77BRnk 983 / 4769
2022
Top Exporter | Top Importer $1.69B | $370MChina | Saudi Arabia
2022
Product Complexity -0.78Rnk 3655 / 4776
2021 - 2022
Export Growth (CAGR) 15%Rnk 1154 / 4769
2022
Share of World Trade 0.016%Rnk 983 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Wires: Zinc Coated. In 2022, Iron/Steel Wires: Zinc Coated were the world's 983rd most traded product, with a total trade of $3.77B. Between 2021 and 2022 the exports of Iron/Steel Wires: Zinc Coated grew by 15%, from $3.28B to $3.77B. Trade in Iron/Steel Wires: Zinc Coated represent 0.016% of total world trade.

Iron/Steel Wires: Zinc Coated are a part of Wire of iron or non-alloy steel.

Exports In 2022 the top exporters of Iron/Steel Wires: Zinc Coated  were China ($1.69B), Slovakia ($233M), Turkey ($178M), Canada ($129M), and Czechia ($127M).

Imports In 2022 the top importers of Iron/Steel Wires: Zinc Coated were Saudi Arabia ($370M), United States ($311M), Germany ($233M), Iraq ($147M), and France ($145M).

Ranking Iron/Steel Wires: Zinc Coated ranks 3655th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron/Steel Wires: Zinc Coated. 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$1.69B
Top Destination (2022)Saudi Arabia$370M

In 2022 Iron/Steel Wires: Zinc Coated were the world's 983rd most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Wires: Zinc Coated were China ($1.69B), Slovakia ($233M), Turkey ($178M), Canada ($129M), and Czechia ($127M).

In 2022, the top importers of Iron/Steel Wires: Zinc Coated were Saudi Arabia ($370M), United States ($311M), Germany ($233M), Iraq ($147M), and France ($145M).

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Exporters of Iron/Steel Wires: Zinc Coated (2022)
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Importers of Iron/Steel Wires: Zinc Coated (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$515M
Top Destination Growth (2021 -  2022)Saudi Arabia$254M

Between 2021 and 2022, the exports of Iron/Steel Wires: Zinc Coated grew the fastest in China ($515M), Netherlands ($70.7M), Slovakia ($35.4M), United Arab Emirates ($14.9M), and Germany ($10.3M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Wires: Zinc Coated were Saudi Arabia ($254M), Iraq ($70.5M), Germany ($54.5M), United Arab Emirates ($35.9M), and Libya ($33.4M).

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Exporters of Iron/Steel Wires: Zinc Coated (2021 - 2022)

Importers of Iron/Steel Wires: Zinc Coated (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Wires: Zinc Coated.

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Iron/Steel Wires: Zinc Coated are explained by 12 countries.

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Value of Exports in Iron/Steel Wires: Zinc Coated

Net Trade

TOP NET EXPORTER (2022)China$1.69B
TOP NET IMPORTER (2022)Saudi Arabia$367M

This map shows which countries export or import more of Iron/Steel Wires: Zinc Coated. Each country is colored based on the difference in exports and imports of Iron/Steel Wires: Zinc Coated during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Wires: Zinc Coated were China ($1.69B), Slovakia ($195M), Turkey ($173M), Czechia ($75.4M), and Luxembourg ($68.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Wires: Zinc Coated were Saudi Arabia ($367M), United States ($287M), Germany ($113M), Poland ($78.8M), and United Kingdom ($76.8M).

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 Iron/Steel Wires: Zinc Coated.
It is possible to select the main countries that export or import Iron/Steel Wires: Zinc Coated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Wires: Zinc Coated 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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