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731700 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.56BRnk 828 / 4648
2022
Top Exporter | Top Importer $2B | $1.65BChina | United States
2022
Product Complexity -1Rnk 3808 / 4653
2021 - 2022
Export Growth (CAGR) 13.4%Rnk 1273 / 4648
2022
Share of World Trade 0.019%Rnk 828 / 4648

About

Overview This page contains the latest trade data of Nails/staples/etc, iron/steel, not office stationary. In 2022, Nails/staples/etc, iron/steel, not office stationary were the world's 828th most traded product, with a total trade of $4.56B. Between 2021 and 2022 the exports of Nails/staples/etc, iron/steel, not office stationary grew by 13.4%, from $4.02B to $4.56B. Trade in Nails/staples/etc, iron/steel, not office stationary represent 0.019% of total world trade.

Nails/staples/etc, iron/steel, not office stationary are a part of Iron Nails.

Exports In 2022 the top exporters of Nails/staples/etc, iron/steel, not office stationary  were China ($2B), Oman ($241M), Poland ($149M), Germany ($140M), and Chinese Taipei ($123M).

Imports In 2022 the top importers of Nails/staples/etc, iron/steel, not office stationary were United States ($1.65B), Canada ($173M), Germany ($162M), United Kingdom ($138M), and Japan ($121M).

Ranking Nails/staples/etc, iron/steel, not office stationary ranks 3808th in the Product Complexity Index (PCI).

Description Nails and staples are used to hold pieces of wood together, and to keep papers together in a folder. Iron and steel are used to make construction materials for buildings, and to make tools for people to work with.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Nails/staples/etc, iron/steel, not office stationary. 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$2B
Top Destination (2022)United States$1.65B

In 2022 Nails/staples/etc, iron/steel, not office stationary were the world's 828th most traded product (out of 4,648).

In 2022, the top exporters of Nails/staples/etc, iron/steel, not office stationary were China ($2B), Oman ($241M), Poland ($149M), Germany ($140M), and Chinese Taipei ($123M).

In 2022, the top importers of Nails/staples/etc, iron/steel, not office stationary were United States ($1.65B), Canada ($173M), Germany ($162M), United Kingdom ($138M), and Japan ($121M).

Explore Visualizations

Exporters of Nails/staples/etc, iron/steel, not office stationary (2022)
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Importers of Nails/staples/etc, iron/steel, not office stationary (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$186M
Top Destination Growth (2021 -  2022)United States$342M

Between 2021 and 2022, the exports of Nails/staples/etc, iron/steel, not office stationary grew the fastest in China ($186M), Oman ($82.8M), Lithuania ($44.7M), India ($33M), and South Korea ($29.4M).

Between 2021 and 2022, the fastest growing importers of Nails/staples/etc, iron/steel, not office stationary were United States ($342M), Mexico ($25.2M), Senegal ($20.1M), Italy ($18.3M), and Somalia ($17.5M).

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Exporters of Nails/staples/etc, iron/steel, not office stationary (2021 - 2022)

Importers of Nails/staples/etc, iron/steel, not office stationary (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Nails/staples/etc, iron/steel, not office stationary.

In 2022, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Nails/staples/etc, iron/steel, not office stationary are explained by 14 countries.

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Value of Exports in Nails/staples/etc, iron/steel, not office stationary

Net Trade

TOP NET EXPORTER (2022)China$1.98B
TOP NET IMPORTER (2022)United States$1.56B

This map shows which countries export or import more of Nails/staples/etc, iron/steel, not office stationary. Each country is colored based on the difference in exports and imports of Nails/staples/etc, iron/steel, not office stationary during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Nails/staples/etc, iron/steel, not office stationary were China ($1.98B), Oman ($233M), Chinese Taipei ($116M), Turkey ($108M), and Lithuania ($102M).

In 2022, the countries that had a largest trade value in imports than in exports of Nails/staples/etc, iron/steel, not office stationary were United States ($1.56B), United Kingdom ($119M), Japan ($106M), France ($75.1M), and Canada ($63.2M).

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 Nails/staples/etc, iron/steel, not office stationary.
It is possible to select the main countries that export or import Nails/staples/etc, iron/steel, not office stationary in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Nails/staples/etc, iron/steel, not office stationary 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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