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720529 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.01BRnk 2101 / 4644
2023
Top Exporter | Top Importer $299M | $128MSweden | Germany
2023
Product Complexity 0.51Rnk 1640 / 4656
2022 - 2023
Export Growth (CAGR) -18.3%Rnk 3545 / 4644
2023
Share of World Trade 0.0045%Rnk 2101 / 4644

About

Overview This page contains the latest trade data of Powders, iron or steel, other than alloy. In 2023, Powders, iron or steel, other than alloy were the world's 2101st most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Powders, iron or steel, other than alloy decreased by -18.3%, from $1.23B to $1.01B. Trade in Powders, iron or steel, other than alloy represent 0.0045% of total world trade.

Powders, iron or steel, other than alloy are a part of Iron Powder.

Exports In 2023 the top exporters of Powders, iron or steel, other than alloy  were Sweden ($299M), China ($129M), United States ($78.9M), Romania ($78.4M), and Germany ($77.9M).

Imports In 2023 the top importers of Powders, iron or steel, other than alloy were Germany ($128M), China ($104M), United States ($93.5M), Italy ($73.2M), and Japan ($64.1M).

Ranking Powders, iron or steel, other than alloy ranks 1640th in the Product Complexity Index (PCI).

Description Powders are used as ingredients in drugs and explosives, and as fire extinguishing agents. Iron and steel are used as structural materials in buildings, bridges, ships, and other structures, and as a raw material for a variety of goods.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Powders, iron or steel, other than alloy. 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)Sweden$299M
Top Destination (2023)Germany$128M

In 2023 Powders, iron or steel, other than alloy were the world's 2101st most traded product (out of 4,644).

In 2023, the top exporters of Powders, iron or steel, other than alloy were Sweden ($299M), China ($129M), United States ($78.9M), Romania ($78.4M), and Germany ($77.9M).

In 2023, the top importers of Powders, iron or steel, other than alloy were Germany ($128M), China ($104M), United States ($93.5M), Italy ($73.2M), and Japan ($64.1M).

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Exporters of Powders, iron or steel, other than alloy (2023)
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Importers of Powders, iron or steel, other than alloy (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$8.11M
Top Destination Growth (2022 -  2023)Spain$6.49M

Between 2022 and 2023, the exports of Powders, iron or steel, other than alloy grew the fastest in Romania ($8.11M), Slovakia ($4.03M), Guatemala ($1.63M), Czechia ($1.2M), and Hungary ($1.04M).

Between 2022 and 2023, the fastest growing importers of Powders, iron or steel, other than alloy were Spain ($6.49M), Poland ($4.53M), Slovenia ($3.87M), Mexico ($2.81M), and Turkey ($2.32M).

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Exporters of Powders, iron or steel, other than alloy (2022 - 2023)

Importers of Powders, iron or steel, other than alloy (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Powders, iron or steel, other than alloy.

In 2023, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Powders, iron or steel, other than alloy are explained by 12 countries.

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Value of Exports in Powders, iron or steel, other than alloy

Net Trade

This map shows which countries export or import more of Powders, iron or steel, other than alloy. Each country is colored based on the difference in exports and imports of Powders, iron or steel, other than alloy during 2023.

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Powders, iron or steel, other than alloy.
It is possible to select the main countries that export or import Powders, iron or steel, other than alloy in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Powders, iron or steel, other than alloy 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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